Andrew Bye ACII, SIRM
Chief Risk Officer, and Director
He is a Chartered Insurance Practitioner ACII and, SIRM. A Member of the Chartered Insurance Institute and The Institute of Risk Management. Andy has over 30 years’ experience of risk management, insurance, and structured finance.
He has worked in a number of industry sectors throughout the world, in both ‘hands on’ and management capacities.
He has held senior management roles in the Commercial Sector encompassing – Head of Risk Management & Insurance for a number of leading multinationals including O2 Plc, Anglo American, Argos/Home Retail Group, Transport Development Group, Glaxo SmithKline, and Waste Recycling Group. He was responsible for risk management activities across the business, pioneering an embedded enterprise-wide approach to risk. Including, using risk management as tool to enhance competitive advantage and become more efficient. He has reported into PLC Board’s.
Andy has amassed a huge breadth of practical risk and insurance experience, right from the setting Risk Frameworks, to Global Insurance Programme Design, implementation, operations and dealing with business emergencies. Furthermore, he has worked in the Financial Services Sector, including Underwriting, Claims, Broking and Investment Finance.
He remains actively involved with the Chartered Insurance Institute and Institute of Risk Management, where he has led working groups, in particular was instrumental in designing, leading and promoting “Risk Play” across the IRM to fellow practitioners. He actively supports the “Discover Risk Project” rolled out to Schools and Colleges in the UK, promoting the profession.
Andy has setup and managed niche insurance companies and special purpose risk vehicles, in Lloyds, the UK and Overseas, and served as a Director in several of these including holding Financial Service Approved Controller positions. He has also shared his knowledge in a consulting capacity to a number of businesses in the UK and overseas, as well as actively participated in a technical capacity, lead workshops and study groups within The Institute of Risk Management.
He is a founding shareholder of Newpoint Financial Corp, holding the position of Chief Risk Officer, and Director. In addition, he serves as Director in Newpoint Capital Ltd and Newpoint Indemnity, holding responsibilities including Risk and Operations.