Adrian Furness will take over as chief executive officer of Covéa Insurance, replacing James Reader who is stepping down from the role. Furness was previously chief operating officer and his been with the business in various roles for more than 10 years.

Dominique Salvy, chairman of Covéa Insurance, said: “While the board of directors and our shareholder regret James’ personal decision to leave, we respect his choice. We are grateful for his leadership of the company throughout his tenure, which has delivered a solid strategic positioning for the business and has helped navigate the unprecedented challenges brought about by the pandemic.

“Going forward, no one is better positioned than Adrian to continue to guide the company and build on its strengths. The board wishes him every success.”

Furness said: “We are extremely grateful to James for the legacy he leaves within Covéa. I’ve worked with him for 18 years and he has been a brilliant leader of the business and, from both a professional and personal perspective, I will miss him greatly and wish him all the very best for the future.”

“Taking over from James is an absolute honour. I’ve been with Covéa for many years and it’s a company I love and believe in. We have an agreed and progressive strategy in place with great people and it is my intention to continue to drive this forward, together with the rest of the team within Covéa.”

Share Story: