Overview

Faraday’s Board comprises the Chief Executive Officer, the Chief Underwriting Officer and the Chief Financial Officer, ensuring that there is a strong connection between the Board and the business activities of Faraday. Each non-executive director has a broad range of experience relevant to the (re)insurance sector and its contemporaneous regulatory framework.

Meet the Board of Directors

  • Steve Michael joined Faraday in September 2016 and was formally appointed as Chief Executive Officer in December 2016. Steve has been employed by the Berkshire Hathaway Group since 2000. His most recent experience has been as CEO at Resolute, this involved the management of Berkshire Hathaway International Insurance Limited and a portfolio of run-off businesses including Equitas.

  • Andrew joined Faraday as Chief Financial Officer in 2014. Prior to joining Faraday, Andrew was Finance Director of Starr Managing Agents Ltd which he joined as Chief Actuary in 2010. He has previously held roles in Newline and Watson Wyatt.

Meet the Non Executive Directors

  • Ian was appointed to the board in July 2012 and became Chairman in August 2016; he is a member of the Audit & Risk Committee. He was Chief Executive Officer at the NFU Mutual Insurance Society from 2002 to 2008. Ian is currently a non-executive Director at the Coventry Building Society.

  • Martin was appointed to the board in May 2015; he took over the role of Chairman of the Audit & Risk Committee in July 2016. He is also a non-executive director for Standard Life plc where he is chair of the Risk & Capital Committee and a member of the Remuneration Committee. He was appointed as a non-executive director to the board of eSure Group PLC in August 2015.  Martin has 30 years' experience in the Financial Services/Insurance sector as a strategy and risk consultant, and actuary. From 1983 to 2013 Martin was employed by Towers Watson where he became Managing Director for Risk Consulting and Software for the EMEA region.

  • Tom was appointed to the board in October 2016 as a non-executive director. In addition, since June 2016, he is also CEO of Berkshire Hathaway International Insurance Limited and President of UK & Southern Europe Berkshire Hathaway Speciality Insurance. Tom was Director of Performance Management at Lloyd's from September 2009 to April 2016. Prior to that time Tom held various roles at the Berkshire Hathaway Group for 25 years. He has extensive knowledge of international insurance and reinsurance across the UK, US and Europe.