Executive Chairman of global reinsurance company admits failing to stop after damaging BMW in Ipswich
- Credit: Archant
The 55-year-old executive chairman of the leading global reinsurance company has appeared before Ipswich magistrates after failing to stop after an accident.
Dominic Christian admitted careless driving and failing to stop when his Audi A7 collided with A BMW in the Neptune Inn car park in Fore Street.
Christian is Chief Executive Officer of Aon UK Ltd and Executive Chairman of Aon Benfield International.
He is a member of the Global Executive of Aon and an elected member of the Council of Lloyd’s, the body responsible for the management and supervision of the London-based Lloyd’s insurance market
Aon Benfield plc is the world’s leading reinsurance intermediary.
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The offences Christian pleaded guilty of occurred at around 10.20pm on May 30 last year.
Prosecutor Lesla Small said Christian tried to park his car in a space which was too tight to get into.
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CCTV from the Salthouse Hotel showed he made several attempts to get into the space and in doing so went into the side of another vehicle causing scratches to it and marks on the bumper.
The court heard Christian made a misjudgment and low speed and the damage caused was of a relatively minor nature.
Although he did stop a short distance away he did not appreciate the need to report the accident at the time, but in hindsight wished he had.
He was said to be “extremely disappointed with himself that matters had gone this far”.
Magistrates were told Christian stayed in the Salthouse Hotel that night.
Christian’s licence was endorsed with five penalty points and he was fined £1,500 as well as being ordered to pay costs of £85 and £60 to the victims’ fund.
Christian is a Director of the Juvenile Diabetes Research Foundation, a Director of The Bermuda Society and is Chairman of the Lloyd’s Tercentenary Research Foundation.
He is President of the Insurance Institute of London for 2015/16.
Christian, of south-west London, has an Honorary Doctorate in Civil Law.