The Bermuda-based Catlin Group Limited announced from its London office that Tim Burrows, a Catlin underwriting director, will retire at the end of 2007 after more than 36 years in the London insurance market.
He will then, subject to regulatory approval, join the combined Boards of Catlin Underwriting Agencies Limited (CUAL) and Catlin Insurance Company (UK) Limited (Catlin UK) as a non-executive director, effective January 1, 2008.
Burrows will also serve as an underwriting consultant to the Catlin Syndicate and Catlin UK following his retirement.
The bulletin notes that “CUAL manages the Catlin Syndicate at Lloyd’s, which is the largest syndicate at Lloyd’s in terms of premium capacity for the 2007 underwriting year. Catlin UK specializes in underwriting commercial non-life insurance for UK clients through a network of regional offices and also writes other classes of business written by the Catlin Syndicate.”
Burrows joined Catlin in December 2006 as a Group underwriting director following Catlin’s acquisition of Wellington Underwriting plc. He joined Wellington in 1991 as a divisional underwriter for the Energy account and later served as both a director and as chief underwriting officer. He began his insurance career at the English and American Marine Group in 1971.
Catlin’s CEO Stephen Catlin commented: “On behalf of the entire Group, I wish to express our appreciation for the contributions to Catlin that Tim Burrows has made over the past nine months. I am delighted that Catlin will continue to benefit from Tim’s vast underwriting knowledge and experience following his retirement. ”
Source Catlin – www.catlin.com
Topics Underwriting
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