Zurich underwriter joins Brit Insurance

Brit Insurance has appointed Stuart Wolstenholme as property and packages underwriter in its combined property and packages London team.

Wolstenholme will report directly to Amanda Doran, underwriting manager, combined property and packages.

He joins Brit Insurance from Zurich Insurance where he was senior market underwriter, responsible for managing a large SME business specialising in media/SLE.

Paul Dilley, Brit's regional director for London, said: “Property and packages is an important part our portfolio and Stuart’s appointment reflects our team’s strength and drive in this key area.

"His underwriting expertise and insight across a wide-range of classes, combined with his managerial skills will be a valuable asset to our London team.”

Achilles deal extension

Meanwhile, Achilles, the private equity consortium set up to buy Brit Insurance, has extended the deadline for shareholders to accept its offer to 1pm on 12th February.

So far, 72.37% of Brit Insurance shareholders have accepted the Achilles takeover offer, up from 72.32% since the last extension.