Stuart Grice has been named head of trade credit at insurance firm Bluefin.

He will report to head of corporate Howard Fryer and will fill the gap left by Terry Rees, who intends to retire from his position as managing director, trade credit, next year.

Grice joins from Euler Hermes, where he was most recently senior commercial credit consultant for the north of England. He spent more than 11 years with the firm.

He says he looks forward to working with Bluefin’s “exceptional team”, while Fryer adds: “We are very pleased to welcome Stuart to Bluefin; his impressive credentials make him the ideal candidate to continue and expand upon the fantastic work that Terry has achieved to date. He brings a solid track record of working with a wide variety of clients across a number of regions and has the experience and knowledge to develop our credit offering for existing and new clients.”