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RSA hires new CEO for Asia, Middle East

Global insurer RSA has appointed Stuart Purdy as new CEO for the Asia and Middle East region.

Stuart will join RSA in May 2011 to replace Jon Hancock, who has acted as interim CEO for Asia & Middle East since March 2010.

Stuart has more than 25 years experience in the insurance industry, working across the UK and Asia. He is currently director of products and investment for Aviva Europe and Middle East, responsible for Aviva’s pan-European investment, reinsurance and insurance carriers.

RSA Emerging Markets CEO Paul Whittaker said Purdy has a proven track record of delivering growth and business results and understands both the insurance world and the Asia Middle East region.

The RSA transacts business in 24 countries from 8 operations across Asia, Middle East and India. It provides insurance solutions for both corporates and individuals including large and complex risks, mid market commercial risks and retail customers.