Helios Underwriting Plc Directorate Change (6873U)

TIDMHUW

RNS Number : 6873U

Helios Underwriting Plc

11 April 2016

Helios Underwriting plc

("HUW" or the "Company")

Appointment of Finance Director

HUW is pleased to announce the appointment of Arthur Manners as Finance Director of the Company with immediate effect. Mr Manners has over 20 years' experience in the insurance industry and has, since June 2015, been acting as a consultant to the Company. The role at HUW will be part-time and he is also Finance Director and Compliance Officer for insurance consultancy Total Risk Solutions (London) Limited, Non-executive Director of Gemini Insurance Brokers (Hong Kong) Limited and Chairman of the Trustees of Beazley Furlonge Pension Scheme. Prior to holding these positions, Mr. Manners was on the senior management team (including acting as Finance Director and Group Company Secretary) at London Stock Exchange listed insurer Beazley Group plc. Mr. Manners is a Chartered Accountant.

Commenting, Sir Michael Oliver, Non-executive Chairman of HUW, said:

"We are delighted to welcome Arthur to the HUW Board; he has been working with us since June last year and, with his extensive financial and insurance experience, he has been making a valuable contribution to the Company as our business continues to grow."

For further information please contact:

 
 HUW                             Nigel Hanbury    nigel.hanbury@huwplc.com 
 Smith & Williamson Corporate 
  Finance                        David Jones      020 7131 4000 
 Stockdale Securities            Robert Finlay    020 7601 6100

Additional information

In addition to his appointment as a director of the Company, Arthur Roger Manners (aged 56) holds, or has held within the last five years, the following directorships and partnerships:

 
 Current directorships/partnerships   Past directorships/partnerships 
                                       within the last five years 
-----------------------------------  -------------------------------- 
 Wardens Lodge Limited                None 
 Total Risk Solutions (London) 
  Limited 
 35 Whittingstall Road 
  Management Ltd 
 Rambert Estates Limited 
 Gemini Insurance Brokers 
  (Hong Kong) Limited 
  (Registered in Hong Kong)

About HUW

HUW provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW). HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing GBP29 million of capacity for the 2016 account. The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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