Tower Insurance Appoints New Managing Director

LONDON, England, June 4 -- RSA Insurance Group issued the following news release:

Tower Insurance, part of RSA Group, has announced the retirement of managing director Peter Gallagher after 44 years of service at RSA. Having led the Isle of Man-based insurer as MD for nine years, Peter is succeeded by in-house appointment Emmet McQuillan.

Beginning his career as a professional trainee with the Sun Alliance Group in Dublin in 1974, Peter has held a variety of international roles within RSA including leading the company's operations in Jeddah in Saudia Arabia, Kuala Lumpar in Malaysia, Jamaica and Curacao in the Caribbean.

Commenting on his retirement, Peter said:

* "I have thoroughly enjoyed my time with the group and have had a varied and exciting career, which has taken me to some interesting places. The people at Tower have been a joy to work with and I know they will continue to deliver first-class service for my successor Emmet McQuillan."

Lee Mooney, director of commercial risk solutions at RSA, said:

* "Peter's contribution to RSA Group has been outstanding. His leadership and management skills have been invaluable and he has engaged staff in many offices with his warmth and inclusive nature, leading to some fantastic results. I'm delighted with the appointment of Emmet who brings a wealth of experience and skills to his new role."

A chartered insurer and former president of the Insurance Institute of the Isle of Man, Emmet has worked for RSA his entire career. Previously underwriting manager at Tower, Emmet has extensive knowledge of the local and national insurance market.

Emmet said:

* "I am honoured to have been appointed as the new MD of Tower Insurance. I am confident that Tower can continue to be the insurer of choice on the island and to develop our offering over the coming years, taking full advantage of technology, our excellent broker network on the island and our group relationship with RSA."

Read more on the Tower Insurance website: http://www.towerinsurance.co.im/news/152-new-managing-director-announced-as-peter-gallagher-retires.html