14 June 2018Insurance

Brit bolsters board with Willis Re, RBS and Catlin hires

Specialty re/insurer Brit has bolstered its board with three new non-executive directors from Willis Re, RBS and Catlin Insurance.

Andrea Welsch joins as non-executive director to the boards of Brit and Brit Syndicates. She has held a number of re/insurance sector leadership roles in Lloyd’s, North America and Europe, working internationally across the industry as a broker, reinsurer and attorney. Most recently she was executive director, office of the CEO, at Willis Re, where her responsibilities included the development of Willis joint venture Acapella Group’s special purpose syndicate. Prior to that, she held senior positions with Greenlight Capital Re and Aon Benfield. Welsch brings strong expertise in reinsurance structures and the management of Lloyd’s syndicates.

Pinar Yetgin has been appointed non-exec to the board of Brit Syndicates. She is currently head of insurance, wealth management and brokers sectors at RBS, a role she has held since 2008. She was previously head of insurance, real money funds and securities firms for Europe at Standard Chartered and has also worked at JP Morgan and Citibank.

Finally, Graham Pewter brings 40 years’ experience in the Bermuda re/insurance market to the boards of Brit Re and Sussex Capital. Pewter served as president and chief executive officer of Catlin Insurance Company in Bermuda from 2003 until his retirement in 2015. Prior to Catlin, he was president and CEO at Commercial Risk Partners, a subsidiary of SCOR Group. He previously held executive positions with LCF Rothschild Insurance Services and Cologne Reinsurance Company (Bermuda).

Commenting on the appointments, Mark Cloutier, executive chairman of Brit, said: “Andrea, Pinar and Graham are all highly regarded individuals with strong track records in both insurance and the broader financial services sectors. Their well-deserved reputations for strategic leadership, alongside their respective international experience and capital markets expertise, will prove valuable for Brit as the business continues to grow in scale and capability. I look forward to the contributions and insight they will bring to the Boards of Brit Ltd, Brit Syndicates Ltd, Brit Re and Sussex Capital Limited.”

Matthew Wilson, CEO of Brit, added: “I would like to welcome Andrea, Pinar and Graham to their respective Boards. They join Brit at an exciting time and their insights and market knowledge will be important as we continue to develop the business and capitalise on the growth opportunities we have identified. I look forward to working closely with them all.”

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