Tim Burrows will instead sit on combined CUAL and Catlin UK board
Catlin has announced the retirement of underwriting director Tim Burrows, who will step down at the end of the year.
Burrows has been in the industry for 36 years and will instead become a non-executive director of the combined Boards of Catlin Underwriting Agencies Limited ('CUAL') and Catlin Insurance Company (UK) Limited (‘Catlin UK’), effective 1 January 2008.
He will also serve as an underwriting consultant to the Catlin Syndicate and Catlin UK following his retirement.
Burrows joined Catlin in December 2006 as a group underwriting director following Catlin’s acquisition of Wellington Underwriting plc.
He joined Wellington in 1991 as a divisional underwriter for the energy account and later served as both a director and as chief underwriting officer.
He began his insurance career at the English and American Marine Group in 1971.
Stephen Catlin, chief executive of Catlin Group Limited, said: “On behalf of the entire Group, I wish to express our appreciation for the contributions to Catlin that Tim Burrows has made over the past nine months. I am delighted that Catlin will continue to benefit from Tim’s vast underwriting knowledge and experience following his retirement.”
CUAL manages the Catlin Syndicate at Lloyd’s, which is the largest syndicate at Lloyd’s in terms of premium capacity for the 2007 underwriting year. Catlin UK specialises in underwriting commercial non-life insurance for UK clients through a network of regional offices and also writes other classes of business written by the Catlin Syndicate.