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London consultancy brings in ex-ABI director

The London consultancy brings in a former ABI director

A household name in the insurance industry has joined the financial services and regulation consultancy Sicsic Advisory.

Hugh Savill (pictured), who was Director of Regulatory Affairs at the Association of British Insurers (ABI) for 17 years, is now Senior Advisor at the London-based consulting firm. At the ABI he has since been replaced by Charlotte Clark CBE.

“Sicsic Advisory helps clients respond positively to regulatory changes by putting sustainable business at the heart of its models,” said Savill, who brings a deep understanding of the regulatory landscape and understanding of how the insurance sector is evolving.

“Insurers face clear challenges and I look forward to helping clients plan and prepare to meet them with the team.”

The company’s list includes eight senior consultants running projects for insurers and intermediaries on a wide range of topics. They are led by Managing Director Michael Sicsic, the former head of general insurance supervision for the Financial Conduct Authority, who launched the advisory service in 2019.

Commenting on Savill’s arrival, Sicsic said, “We are delighted to have Hugh as part of our team. As a well-known and respected figure in the industry, his appointment adds to the collective expertise and insights we can offer our customers.

“Hugh has extensive board experience, a deep understanding of the regulatory landscape, change management and the practical implementation of strategic solutions. With Hugh on board, Sicsic Advisory can continue to grow – and continue to provide the best practical advice. “

Sicsic Advisory supports board members and executives in areas such as financial solidity, operational resilience as well as culture and behavior.