Catalina UK refreshes board as long term chair & NED step down

Catalina Holdings UK, a subsidiary of Bermuda-based legacy re/insurer, has appointed Tony Mason as new chair and Penny Shaw as a non-executive director of its UK boards.

The executives replace current long term chair Tim Cox and independent non-executive director David O’Connor, who will step down from their positions in March.

Mason brings a broad mix of experience across investments, audit and risk areas in the insurance industry. He started Lane Clark & Peacock’s general insurance consultancy in the late 1980s specialising in long-tail liabilities before becoming LCP’s managing partner. In 2007, he became CEO of the Medical Protection Society and subsequently has held various non-exec and consultancy roles, including with MedPro a Berkshire Hathaway company.

Shaw has over 25 years of experience in the insurance industry, she is a qualified actuary and risk professional. She most recently held the position of group chief risk officer for The Hanover and its subsidiary Chaucer, latterly supporting Chaucer through their owner transition. She also holds several non-exec roles.

Steve Ryland, UK chief executive of Catalina, said: “I would like to thank Tim and David for all their support in helping to achieve significant change in the UK business. I am really excited to be working with both Tony and Penny to help grow the Catalina UK companies”

Chris Fagan, group chief executive of Catalina, added: “Tim and David have made significant contributions to the UK boards during a time of growth and change for the Catalina UK companies and I wish them all the best in the future.”

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