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

Shepherds Friendly makes appointment for partnership growth

Shepherds Friendly makes appointment for partnership growth

Laura Gauden joins society

Jaskeet Briah
clock 23 June 2026 • 1 min read
Aviva to offer targeted support

Aviva to offer targeted support

Latest provider to get FCA approval

Jen Frost
clock 18 June 2026 • 1 min read
Parents working more to cover children's dental: Bupa

Parents working more to cover children's dental: Bupa

Extra hours and weekends worked

Cameron Roberts
clock 17 June 2026 • 1 min read