Leadership changes and senior appointments have been announced across the UK and Irish insurance and financial services markets.
HSB’s Engineering Insurance business in the UK and Ireland said managing director Terry Dyson (pictured above, left) will retire at the end of March 2026, ending a 40-year career in the insurance industry.
HSB chief executive Andrew Burke has begun the formal search for a successor, considering both internal and external candidates.
Dyson joined HSB in 2019 and became commercial director in 2022, leading sales, business development, partnerships and operations before being promoted to managing director of the engineering insurance business in 2024.
His career began in 1986 at National Vulcan Engineering Group, previously part of the Sun Alliance Group, followed by a series of senior roles from front-line sales to strategic leadership.
Reflecting on his career and upcoming retirement, Dyson said: “I am so grateful for everything the insurance industry has given me. I’m also proud of the difference I’ve made, and the success I’ve been able to deliver throughout my career. I’d particularly like to thank the many people who have helped me, mentored me and supported me along the way.”
In the life and wealth space, Lloyds Banking Group has appointed Peter Fitzgerald (pictured above, right) as chief investment officer, succeeding Kevin Doran, who will leave the group early next year after shaping its investment proposition.
Fitzgerald will oversee investment strategy and fund management across Scottish Widows and the recently acquired Schroders Personal Wealth business.
Fitzgerald joins from Aviva Investors, where he was chief investment officer, multi-asset and macro, leading a global team managing more than £100 billion in assets. He has over 25 years’ experience in multi-asset investing, macro strategy and portfolio management, including senior roles at BNP Paribas Wealth Management and Insinger de Beaufort.
In Wales, FUW Insurance Services has named Dr Paul Jameson as a non-executive director, following the retirement of board member Ken Isherwood after more than a decade of service.
Across these roles, Jameson has led teams of actuaries, risk managers, compliance professionals, auditors, lawyers and marketing approval specialists. FUW said this breadth of experience will support strategic and operational oversight at the agricultural specialist.
Meanwhile, business management platform Tide has appointed Dan McNally as senior vice president and CEO of Tide Insurance Services, subject to FCA approval.
He will lead Tide’s global insurance business and its expansion into business protection for small and medium-sized enterprises.
McNally brings more than 25 years’ experience across insurer and broker roles, most recently at Simply Business, where he led one of its key growth businesses. His previous positions include more than a decade at RSA Insurance Group (now Intact), a seat on the executive committee at the UK’s largest broker network, and a leadership role at insurtech Cytora.
The move follows Tide’s entry into the UK business insurance market, adding connected insurance to its business management platform. Tide said members will be able to access tailored business cover through its app, with the first products due to launch in partnership with Admiral Business.
