Clerical Medical's managing director, John van Der Wielen, is to step down as part of a high-level reshuffle at Lloyds Banking Group.
Lloyds is currently in the process of streamlining its UK operations following its acquisition of HBOS, and has shed thousands of jobs.
Andy Briggs, currently managing director of Scottish Widows, will take over the combined general insurance operations of Lloyds and HBOS.
Phil Loney, former head of general insurance, will take control of Lloyds combined life, pensions and investment business. This includes Clerical Medical and Scottish Widows.
Van Der Wielen is the latest in a series of high-level departures from Lloyds, which has largely focused on former HBOS executives.
On Friday, managing director of mortgages, Dan Watkins, said he would be leaving the bank to pursue other opportunities.
HBOS board members Dan Watkins and Jo Dawson also confirmed their departures last week. They were the last remaining members of the old HBOS board.
All-day event on 24 April
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AFH has six segregated mandate funds
Variable operating expenses