Moore Stephens has further strengthened its regulatory advisory capability with the appointment of John Westlake as compliance manager.
John Westlake has a broad perspective of the insurance industry acquired through a variety of roles, which has enabled him to support insurers and brokers in establishing effective compliance solutions. He has a strong commercial background, having acted as operations director with a personal lines insurer, compliance director with a commercial insurance broker and most recently training and advising senior management in the management of risk at JLT Group. He also worked with the FSA advising insurance intermediaries on regulation.
Simon Gallagher, head of Moore Stephens’ insurance practice, says the firm is delighted to have enhanced its regulatory advisory resource. “New regulatory requirements stemming from Solvency II and developments at the Financial Services Authority are driving significant change in the insurance sector,” he commented. “As a result, we are experiencing increasing demand for our services and expertise, which we foresee continuing as the regulatory regime tightens. We are actively developing our governance, risk and assurance capabilities and John’s recruitment further strengthens our expertise in this area”