Geoff Carter resigns from Tesco Underwriting

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Company says departing CEO Carter will move on to take on another senior role within the industry.

Tesco Underwriting has announced the resignation of CEO Geoff Carter.

According to the company Carter played a vital role in establishing Tesco Underwriting in 2009 following a motor and household insurance partnership between Ageas UK and Tesco Bank, a deal which was further extended last year.

The firm said Carter would "take up another senior position within the industry later this year".

Tesco Underwriting has begun the recruitment process for a successor and said an announcement would

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