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Former QBE Europe CEO Burns named Novae non-executive director

Businessmen having a conversation in a boardroom

Novae has appointed Steven Burns as an independent non-executive director, to take effect from 31 March 2017.

Burns will also join Novae`s audit and risk committees and the board of Novae Syndicates Limited.

A chartered accountant with over 30 years` experience in the insurance industry, Burns was most

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Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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