The Britannia Group announces succession plan

The Britannia Group, a number one P&I insurer, has as we speak introduced that its Chief Govt, Andrew Cutler, has knowledgeable the Board of his intention to resign from the Group on 31 December 2025.

Andrew joined the Britannia Group in 2006 as a senior declare handler, having beforehand been a Companion at HFW, for a few years being primarily based in Asia. Andrew was appointed CEO of the Britannia Group in 2012. Throughout his tenure, the Britannia Group has efficiently navigated the challenges of Brexit and expanded its presence in Europe and Asia, while remaining a number one member of the Worldwide Group of P&I Golf equipment (the IG). Andrew Is presently additionally Chair of the IG and can depart that place when his three-year time period ends in November 2025.

Andrew shall be succeeded by Mike Corridor, the Britannia Group’s present Deputy CEO. Mike joined the Britannia Group in 2008 as an underwriter. He was the Group’s Chief Underwriting Officer from 2014 to 2022, when he was appointed Deputy CEO. He’s presently the Chair of the IG’s Reinsurance Committee.

The Britannia Group’s Chair, Egied Verbeeck, commented, “Andrew has made an enormous contribution to the Britannia Group for which we thank him. Below Andrew’s management, the Britannia Group has grown from energy to energy, in addition to having safely navigated quite a few challenges. Whereas there are some months to go, Andrew shall be leaving the Britannia Group in a superb place to proceed to maneuver ahead and we want him nicely in his new endeavours. The Britannia Group’s Boards had been delighted to nominate Mike as Andrew’s successor and stay up for working with him and the remainder of the Britannia administration crew”.

Andrew Cutler mentioned, “After almost twenty years of devoted service to the Britannia Group and its Members, the time is correct for me to maneuver to my subsequent skilled stage in life, the place I’ll pursue a portfolio of non-executive roles. It has been an amazing honour to be the CEO of the Britannia Group since 2012. I’m happy with my first-class colleagues and, as Egied says, the Britannia Group is nicely positioned going ahead and can thrive underneath Mike’s management. I used to be equally proud to have been elected IG Chair, with that function reminding me of the collective energy of the IG in addition to the worth of teamwork”.

Mike Corridor commented, “I’m excited to be taking over the CEO function subsequent 12 months and am grateful for the assist of my colleagues and the Group’s boards. I’ll work onerous with the Britannia crew to take the Membership ahead and to proceed to ship the high-quality service and monetary stability that our Members count on.”