Simon Barnes

Treasurer

Simon Barnes, Treasurer

Simon was co-opted to the Board of Directors in March 2015 and was elected to the board in October 2015. Simon is currently Treasurer, having been appointed in October 2018 and heads up the Finance Advisory; he also acts as the budget manager for the annual Congress.

Simon is Chief Restructuring Officer and Chief Claims Officer for Zurich Legacy Solutions, and as such he is responsible for setting and managing the run-off strategy for Zurich’s discontinued portfolios and delivering economic and legal finality, within the UK, Europe and across the globe.

“I was an accountant for many years, but I have to say that accountancy in insurance stopped being a challenge. An opportunity arose to do run-off work and I found it incredibly fascinating. Instead of reporting on things after they had happened, you are actually changing the business itself for the better and, for an accountant, that is eye opening. You get the opportunity to try things out, see if it works, and it moves everything forward. It is a great industry.

I work for the management and disposals side of the market, and I’ve spent about seven or eight years working on a design of how I believe portfolios should be professionally managed and sold. I thought that Zurich was pretty unique in the way we did it and there was the opportunity to come into IRLA and share that experience. I want to get more people understanding the benefits disposals can bring, because I think it’s a great market and the more you do it, the greater the market will be.”

Telephone: +44(0) 787 588 7782
Email@ simon.barnes@uk.zurich.com



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