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Parabis : David Neave appointed Non-Executive Director

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Parabis has announced the key Board appointment of David Neave, as a Non-Executive Director.

David, who recently announced he was stepping down as Managing Director, General Insurance, of the Co-operative Banking Group, after seven years with the Group, is the first Board appointment to be made since the legal arm of Parabis gained ABS status last Autumn.

Neave brings more than 30 years’ insurance industry experience to the Parabis Board having spent 25 years with RSA before joining Co-operative Banking Group in 2005.  He has extensive non-executive experience including as Chairman of the Insurance Fraud Bureau, Directorships at the Motor Insurers Bureau, ICMIF and Co-operative Legal Services. In addition, as part of his work with the ABI, he sits on the General Insurance Committee, the Insurance Data Initiatives Board and chairs the Financial Crime Committee.

“This is a real coup for Parabis and an exciting appointment as we shape our business to meet and anticipate the fast-changing demands of the insurance and legal markets,” said Tim Oliver, CEO of Parabis Group.

“David’s wealth of experience both at a strategic level and in designing insurance services for evolving markets will be of immeasurable value to Parabis. He has an impressive track record and shares the Parabis vision for innovation and service transformation.”

David Neave commented: “This is a challenging time for the sector and a very exciting time to be joining the Board of Parabis.  The insurance and legal markets are undergoing major change. Those with real vision prepared to embrace change and innovate for clients can have a real impact on the market. I believe Parabis is just such a group.”