Canada Life appoints Andy Watson as UK chairman

Succeeds Derek Netherton

Hemma Visavadia
clock • 1 min read

Canada Life has appointed Andy Watson, currently a non-executive director, as its new chairman for the UK.

Watson (pictured) succeeds Derek Netherton who has decided to step down later this year after leading the provider for the past decade. Watson qualified as an actuary in 1989 and has worked at various insurance firms such as Direct Line, Co-operative Financial Services, RBS, HSBC and as chief executive of Ageas UK, before retiring from the role to start a portfolio career.   Commenting on his new role, Watson said he was looking forward to taking over from Derek later this year and thanked him for his "excellent leadership". Watson stated: "I have admired his stewardship of Canada ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

The Exeter adds Real Life to iPipeline

The Exeter adds Real Life to iPipeline

Product joins Advanced Underwriting platform

Cameron Roberts
clock 09 December 2025 • 1 min read
Increase in family-friendly policies for ABI members

Increase in family-friendly policies for ABI members

Firms offering surrogacy and IVF support

Cameron Roberts
clock 03 December 2025 • 2 min read
Recognising National Grief Awareness Week

Recognising National Grief Awareness Week

2-8 December, 2025

Cameron Roberts
clock 02 December 2025 • 2 min read