Rupert Atkin will be succeeded by Clive Washbourn as chairman of the Joint War Committee (JWC).
Washbourn, head of marine at Beazley, said: “Today's global economy is sustained and fuelled through shipping and the maritime industry is enjoying a period of unprecedented activity. This leads to increasing challenges for the marine underwriter. The recent initiatives taken by the JWC to address the piracy and terrorism issue, which is a growing maritime risk, is just one example where the initiatives of this committee have proven significant on a global scale.
“The JWC serves a vital function for the London marine market. I look forward to continuing the successes of Rupert's tenure in what is, undoubtedly, a testing and valuable role.”
Atkin, who will continue to serve as a member of the JWC, commented: “I am delighted to have such a capable successor. Clive brings with him a wealth of sector knowledge and experience which, combined with his unique drive and passion for the business, will be of enormous benefit to the committee.”
The JWC represents the interests of the London underwriting community on hull war risk issues.