17 April 2018 Insurance

Sunderland Marine CEO steps down

Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company.

Rutter will work as a consultant for a further year starting August, and provide advice and support on a range of Sunderland Marine related matters including claims, underwriting, reinsurance and additional support for the overseas branch offices and subsidiaries.

Rutter started his career with Sunderland Marine in 1979 in claims and then marine underwriting before moving into the aquaculture team in the early 1990’s. He has been CEO of Sunderland Marine since 2015. Under his leadership, Sunderland Marine’s business model focused on enhancing and refining the quality of service delivered to UK and international policyholders.

Rutter said: "After much consideration, I have taken the decision to retire in June, and I can do so with the comfort of knowing that the company is in safe hands under the North Group umbrella. I would like to acknowledge the support of my colleagues and board of directors throughout the time I was privileged to be CEO.

"The merger with North in 2014 delivered management skills and expertise of the highest order, which was instrumental in the efficient restructuring and strengthening of Sunderland Marine, ultimately for the benefit of our policyholders. This period has been the most challenging but rewarding of my career."

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