L&G names pensions exec as head of general insurance unit

Cheryl Agius, who was previously the head of the UK strategic pension risk transfer team, has been appointed as CEO of General Insurance, according to a December 9 statement.

Agius joined L&G in 2011 and three years later established the US pension risk transfer business, building the firm’s in-house pension administration capabilities. In her most recent role she played a major part in the firm’s record £9.6 billion of annuity sales in the year to date, the statement said.

The General Insurance business at L&G has 1.2 million customers and specialises in providing buildings, contents, travel and pet insurance.

Prior to L&G, Agius worked at Towers Watson, Lloyds TSB and Aon Hewitt.

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