Tim Butcher retires from DL Dale's Lloyd's Syndicate 2525

DL Dale & Others' Syndicate 2525, a specialist employers’ and third party liability Lloyd’s insurer managed by Asta Managing Agency, has announced that  Tim Butcher, senior class underwriter of international liability business, has decided to retire.

Butcher joined Lloyd’s in 1975, where he worked under Michael Payne at Syndicate 386 in the 1970s and 1980s, and was instrumental in establishing the John Murphy Syndicate 1156 in the 1990s.

Butcher re-joined 386 following the merger of the Bankside and Janson Green Managing Agencies in 1996 and remained there under the QBE brand until joining Syndicate 2525 in 2014.

Butcher will remain with 2525 to support a handover of his responsibilities until the end of the year.

Syndicate 2525’s active underwriter, David Dale, said: “We are grateful for Tim’s contribution since joining us in 2014. He has established a growing liability book which has put the syndicate on the map in many parts of the globe and we very much appreciate him bringing his breadth of knowledge and experience.”

Butcher added: “I have much enjoyed my relatively short time at 2525. The international casualty market has turned a corner and there are plenty of opportunities for the Syndicate in the future.”

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