January 26, 2011 2:08 am

New friend for Resolution

Andy Briggs will join Friends Life from Lloyds Banking Group

Andy Briggs, Friends Life chief designate

Resolution is hoping the hiring of Andy Briggs from Lloyds Banking Group’s insurance business will help increase the efficiency of the combined insurance businesses it has acquired over the past few years.

The 44-year-old former chief executive of Scottish Widows, who is to replace Trevor Matthews this year, helped oversee the integration of HBOS’s life assurance businesses after the merger with Lloyds TSB, and was named head of general insurance at Lloyds under Archie Kane, executive director of insurance.

At Resolution, which is trying to combine the operations of Friends Provident, Axa’s UK life business and Bupa’s heath insurance arm, Mr Briggs will be expected to accelerate integration, cut costs and look at ways to grow the top line.

After studying maths at the University of Southampton, Mr Briggs began his career with Prudential, qualifying as an actuary after two years. Joining the Pru after the acquisition of Jackson National Life, he saw the integration of two insurance businesses first hand. After 19 years at the Pru, he moved to Scottish Widows as managing director of marketing and distribution at the beginning of 2007.

He is married with four children and enjoys travelling, golf and rugby.

people@ft.com

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