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31 May 2022Insurance

UK P&I Club poaches CUO from Odyssey to help diversify and grow business

Thomas Miller-managed shipping protection and indemnity mutual insurer The  UK P&I Club has hired a new chief underwriting officer (CUO) from Odyssey Group unit Newline.

William Beveridge will join the  UK Club on completion of his current employment obligations.

Reporting to chief executive officer Andrew Taylor, he will be responsible for oversight of all the Club’s underwriting policies and operations during an exciting period as the Club continues to consider further diversification following the recent collaborative agreement with Thomas Miller Specialty, which created a joined up and market-leading partnership providing a fixed premium  P&I product with global reach.

Beveridge comes from Newline Underwriting, the international insurance division of Odyssey Group, where he is currently CUO, and worked previously at Advent Insurance and Arch Insurance.

He has previously sat on the Joint Hull Committee and the IUMI Ocean Hull Committee, and currently sits on the Lloyd’s Register Classification Committee.

Beveridge replaces Christopher Brown, who is relocating to the Club's Rotterdam office as part of its strategic long term planning. He is replacing Hugo Wynn-Williams who will be stepping down as CEO of UKNV over the summer. Wynn-Williams will continue in his advisory role for Thomas Miller and its clients, including P&I, as President of Thomas Miller Bermuda. UKNV is the company through which the Club writes all European risk and which provides a fronting solution for a number of other Thomas Miller managed Clubs in Europe.

Taylor commented: “William’s considerable experience of the marine and wider insurance market will be a huge asset to the Club as we pursue our diversification and growth strategy, while maintaining our excellence in disciplined underwriting and quality risk selection.  With the wealth of experience William brings, it is very exciting to be able to warmly welcome him to the  UK Club.”

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