John Uprichard to take helm at new LPI company
Kane has announced the establishment of Kane LPI Solutions Limited (Kane LPI Solutions). Incorporated in Bermuda, the new company will operate as the firm’s head office for its life, pension and investment administration activities.
In addition to providing turnkey administration solutions to its extensive global client base in the investment, pension and insurance sectors, Kane LPI Solutions will offer a comprehensive range of fund administration services from Bermuda.
Kane has also named John Uprichard as Managing Director of the new company. Formerly Head of Business for LPI at the firm, John will report directly to Simon Hinshelwood, Group CEO of Kane.
Commenting on why Kane has chosen to establish the new company now, John Uprichard said: “In the current financial environment, we see significant opportunities for further growth in the LPI arena. Using a third party administrator that combines expertise and the right technology platform can prove a much more cost effective and efficient way to get a new product to market. Setting up Kane LPI Solutions gives us the perfect means of capitalizing on these opportunities.”