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Our senior team


We are extremely proud of our people who go above and beyond to provide quality service to our clients.

Our senior team consists of individuals who are specialists in their respective fields. Each member of the team has vast experience and is able to provide the highest level of support to partners and clients.


 Paul Savignon MBE - Chairman


Paul Savignon MBE

Paul Savignon has been a prime mover in the Gibraltar insurance market for the last 40 years. He was founder chairman of the Association of Gibraltar Insurers and Managers, now the Gibraltar Insurance Association.

In 1984, he amalgamated various local insurance businesses to form Norwich Union Fire Insurance Society (Gibraltar) Ltd in a joint venture with Norwich Union UK. Paul served as Chief Executive Officer, and subsequently as Chairman of Norwich Union (Gibraltar) from 1984 to 2002.

Paul has sat on numerous government and regulatory committees, including the Financial Services Commission. He also currently serves as Chairman and/or Director of a number of Gibraltar trading and property development companies.

Other principle chairmanships and/or directorships currently held include:

Novista Insurance Company Limited
Tate & Lyle Insurance Company (Gibraltar) Limited
Haven Insurance Company Limited
White Shield Insurance Company Limited (Intercontinental Hotels subsidiary)


Shaun Cawdery - Managing Director


Shaun Cawdery
Managing Director

Shaun Cawdery started his career in Gibraltar in the early 2000’s in the audit industry, focusing largely on insurance companies and investment funds. After 12 years in audit, during which Shaun had developed a core portfolio of insurance clients in his role as Audit Director, he moved into insurance management and assisted a number of general insurers particularly with the transition to Solvency II.Shaun developed an expertise in the Solvency II standard formula, developing a tailored modelling pillar 1 tool for his clients which integrated the GAAP and SII balance sheets and the technical elements of the pillar 3 reporting.

Shaun was elected as the Chairman of the Gibraltar Insurance Association in February 2019, having previously been in the executive team and the Chair or its Technical Committee. Shaun has previously also been part of some of the various committees of the Gibraltar Society of Accountants. In his role as Managing Director, Shaun has a key focus on developing and managing our network of insurance partnerships, with a keen attention on policyholder value and the customer journey through the insurance distribution chain.


James Clayton-Wright - Underwriting Manager


James Clayton-Wright
Underwriting Manager

James joined Red Sands in October 2016 as Underwriting Manager and is responsible for management of the underwriting, audit and compliance functions.  Prior to joining Red Sands, James was with Aon Insurance Managers (Gibraltar) Limited where as Insurance Manager he was responsible for a number of PCC’s, Open Market Insurers and Captives.  


Adamo Valy

Adamo Valy
Non-Executive Director

Adamo was appointed as non-executive director in 2009. He previoulsy had directorship at AVM and Hollard Seguros in Mozambique. He brings a wealth of international experience to the Company. 




Emilio Gomez

Emilio Gomez
Non-Executive Director

Emilio was appointed as non-executive director in 2013.  He has over 25 years experience in the financial industry and was previously a Senior partner at local auditors firm Baker Tiley.  He brings a vast experience of corporate governance to the Company.


Red Sands Insurance Company (Europe) Limited is licensed and regulated by the Gibraltar Financial Services Commission under the Financial Services (Insurance Compaies) Act 1987 (see FSC website). It is a member of the UK's Financial Services Compensation Scheme, Financial Ombudsman Scheme and The Association of British Insurers.
Registered office: Level 3, Ocean Village Business Centre, 23 Ocean Village Promenade, Gibraltar (Company No. 87598). Copyright © 2014 Red Sands Insurance.