Rural insurer NFU Mutual has announced that Nick Watson will be joining the main board of the company as sales and agency director.
He will take up the role in May and replace Nick Turner, who is taking over from current CEO Lindsay Sinclair on 1 April.
Watson brings more than 30 years of financial services experience to the role, 22 of which have been in insurance, spanning both life and general insurance. He joins from AXA, where he is currently director for Commercial Distribution and Trading.
He previously held a commercial role with Aviva UK Life, and spent 13 years in total at Aviva, with roles covering personal lines and commercial offerings, as well as long-term savings and protection. He also ran Aviva’s Bancassurance channel and was their European Commercial Services director.
In addition, he has experience in underwriting, as COO for iprism Underwriting for two years. He has also been Commercial and Managing director for Arista Insurance after starting his career at Barclays.
Lindsay Sinclair, chief executive of NFU Mutual, said: “We are delighted to welcome Nick to NFU Mutual.He arrives with a wealth of experience in the insurance industry and a strong reputation working with broker networks, which we are confident makes him an ideal fit to work alongside our Agency network.”
Watson added: “I am excited to join NFU Mutual, an insurer with a unique and proud history, that is known for being there for its members. I am very much looking forward to contributing to its continued success for both the members and the business.”