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Darryl Ashbourne

Darryl Ashbourne

Director, Insurance Solutions, KPMG UK

KPMG in the UK

Darryl joined KPMG in 1982 and became a director in 1997 specialising in insurance.

Darryl has also been extensively involved in the run-off and closure of insolvent insurers, including English & American Insurance Company Limited, Sovereign Marine and General Insurance Company Limited, National Employers’ Mutual General Insurance Association Limited and British & American Insurance Company. He has also dealt with the insolvencies of insurance brokers, including FirstCity and Park London.

Darryl has led a number of engagements for the development and implementation of solvent schemes of arrangement for insurance companies, including those for insurance Pools involving numerous insurance companies.

Darryl has worked on a number of large legacy portfolio disposals for insurance and reinsurance groups.  In addition, he has been responsible for a number of insurance group Independent Business Reviews, as well as group restructuring projects such as Part VII Transfers.

Education and qualifications
  • Diploma in Accounting – London Guildhall University

Accreditation
  • Fellow – ICAEW

  • Member - ABRP

  • Associate in Reinsurance (ARe), Insurance Institute of America

  • Member – International Association of Insurance Receivers

Areas of expertise
  • Insolvency

  • Turnaround and Insurance

  • Strategy, exits and disposals

  • Deal advisory and Part VII transfers

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