Pioneer hires Catlin exec as its new group CFO

Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed David Foster as group chief financial officer (CFO).  Subject to regulatory approval, Foster also joins the Board of Pioneer Underwriting Holdings and relevant subsidiary Boards.  Foster has extensive financial expertise in the specialty insurance sector, having held senior roles at XL Catlin, most recently as deputy corporate controller, playing a lead role in the integration of the finance departments of the recently merged group. Prior to this he was CFO of Catlin Group’s Bermuda operation and Catlin group financial controller.  Darren Doherty, chief executive officer, Pioneer Underwriters said: “I’m delighted to welcome David to Pioneer. His experience and successful track record as a CFO of insurance companies with an international network will be instrumental in our development as a leading, specialist insurance business.”