Dr Debra Williams has today been announced as a new director on the non-executive board of Co-op Insurance.
After the Co-op completed the sale of its underwriting business to Markerstudy earlier this month, Debra will help steer its ambition to offer insurance to even more people across the UK. Co-op Insurance will create a wider range of compelling products and services, that meet the needs of the Co-op Group’s 4.6 million members.
Debra has been a director at News Corporation, CEO at confused.com and has sat on the executive boards at Admiral and Tesco Bank. She is a former Welsh Woman of the Year for Innovation and has been recognised as one of the UK’s top 200 businesswomen by the Queen. She continues to be an angel investor – consulting with companies in the UK, Europe and the US – and currently sits on boards for The Alacrity Foundation, Milford Haven Port Authority, Principality Building Society and Chairs Careers Wales.
On her appointment, Debra said: “Co-op Insurance is facing into a period of significant change and ambitious growth plans, as it seeks to make change for the good of its members, and truly disrupt the market. The timing couldn’t be better for me – I’m delighted to join the team at this point in their journey.”
Sir Christopher Kelly, Chair of the Co-op Insurance board said: “The Co-op has been in insurance for over 150 years, but that said, we’re starting a significant new chapter. We’re now in a place where we can expand our offer and focus on working with our partners to significantly grow the business following the sale of our underwriting business.
“Debra will be an invaluable member of the board and I am looking forward to working with her, as the business seeks to create compelling products and services co-operatively, to fulfil our members’ and customers’ needs.”