FSA appoints compensation scheme director

This role will be effective from 1 September 2007.

Max Taylor is deputy chairman of Insurance Broker Aon UK, and executive director of Aon Global and current chairman of the British Insurance Brokers Association. Prior to joining Aon in January 2001, Max completed a three-year term as chairman of Lloyd’s, the Insurance Market. He is chairman of the Council of the University of Surrey, a director of The Henderson Smaller Companies Investment Trust plc and a director of Mitsui Sumitomo Insurance Underwriting at Lloyd's Limited.

FSCS chairman David Hall said: "I am delighted to welcome Max Taylor to the board of FSCS. I am confident that his skills and experience will be a real asset to FSCS and that he will be a very useful addition to the FSCS Board."

FSA chairman Callum McCarthy said: "The FSA is pleased to announce that Max Taylor is joining the FSCS Board and is confident his experience within the Insurance Industry will benefit the FSCS greatly."