Chaucer’s underwriting leadership shakes up as two executives depart
Specialist Lloyd’s re/insurance group Chaucer has reshuffled its underwriting leadership in a move it hopes will ‘positively impact’ its future growth strategy.
The action will see Ed Lines, active underwriter of Syndicate 1084, and Colin Clulow, head of property division, retire at the end of the year.
Kelan Hunt will replace Lines as active underwriter of Syndicate 1084, which is Chaucer’s main Lloyd’s syndicate. Hunt, who joined Chaucer in 2015, will also continue in his role as head of marine, energy and aviation. He brings over 30 years of underwriting, broking and leadership experience to his new role.
Furthermore, Paul Restarick has been promoted to head of non-marine insurance. Restarick has been with the firm for over a decade and was previously casualty and political lines manager. He has over 20 years’ industry experience in underwriting leadership, portfolio management and risk management.
John Fowle (pictured), chief executive officer of Chaucer said: “ Chaucer is in the enviable position of being able to build continuously on the strength and experience of its highly capable Insurance leadership team to drive the business forward to deliver better solutions to our customers.”
“In their new positions, Kelan and Paul will play vital roles in ensuring Chaucer’s continued strong performance and commitment to our brokers and clients”.
“These leadership changes will have a positive impact on achieving our strategic goals. Each member of the team has a strong track record of leadership, robust business performance and championing change at Chaucer.”
Nicola Stacey, chief underwriting officer of Chaucer, added: "These changes are examples of our ongoing commitment to evolving as a company and the development of our highly capable underwriting management bench to support the achievement of our strategic goals,"
“We are extremely grateful for Ed and Colin’s years of service at Chaucer and wish them both well for the future.”
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