Friends Provident head of protection Mark Jones has resigned to join LV=.
MoneyMarketing.co.uk revealed that Jones resigned from Friends last week and is to take up the role of head of protection at LV= although the provider could not confirm a start date.
A spokeswoman says: “Mark is on gardening leave with immediate effect. We are looking for a replacement now and wish Mark well in his new role.”
Head of protection sales Ed Stuart-Brown will oversee Jones’ role until a replacement has been found.
An LV= spokesman says: “Hiring Mark is consistent with our expanding position as a leading protection provider.”
CBK Colchester principal Peter Chadborn says: “This is a move that looks good for LV= because they have got someone who is a highly respected protection specialist.
“The fact that they are looking to boost their team in this area shows good ambition on their part.”