UK, London - 17 July 2007

Quadrant Risk Management (International) today announced the appointment of Jill Loveless to head their recently formed Insurance Division. This is a key appointment in what is an increasingly important part of Quadrant’s business.

Quadrant today announced that it has established an Insurance Division. It will be headed by Jill Loveless as Head of Insurance Services. The practice builds on Quadrant’s proven consultancy and systems implementation base in insurance as well as their extensive risk and compliance capability. Jill brings over 20 years operational experience in the insurance industry combined with systems and consulting expertise. She has held senior operational positions with insurers including CGU and Talbot Underwriting.

Paul Lockyear, COO of Quadrant says, “I am very pleased to welcome Jill to the team, which marks a significant addition to the compliance capabilities of Quadrant. I am sure we will gain from Jill’s considerable experience in insurance and risk management as we expand in the insurance market.”

Jill Loveless says “The insurance technology marketplace is at an interesting crossroads. Existing core systems need upgrading, while reducing costs and improving customer service are increasingly important. The introduction of the Solvency II Directive for European Insurers in 2012 is expected to act as a catalyst for a change in behaviour at insurance firms where an integrated Enterprise Risk Management (ERM) approach will become the norm”. In Jill’s view, Quadrant has the right combination of practical risk and compliance expertise, together with world leading enterprise risk solutions, and is well placed to become a significant player in the insurance solutions market.

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