Johnson will be director of claims and underwriting at the joint venture between Prudential and South African insurer Discovery from the start of July. He will be in charge of the firm’s underwriting strategy and will regularly visit the service centre in Johannesburg.
Johnson, who has been at L&G for nearly four years, was chief underwriter at Bright Grey when it launched in 2003. He says: “This was too good an opportunity to turn down. The industry has been saying that critical-illness insurance needs an overhaul and what better way for an underwriter to make a difference than to get into an innovative company that is prepared to be brave.”
PruProtect chief executive officer Sammy Rubin says: “We are really looking forward to Stuart’s fresh, forward thinking attitude to underwriting and the consumer experience. He was highly recommended as someone who understands the needs of brokers and we think that he will be a huge asset to the company.”
RGA head of business management Jason Hurley says: “Stuart is a good recruit. This is a fantastic opportunity.”