Brit has confirmed that its group chief underwriting officer (CUO) Christiern Dart is stepping down from his place after finishing round 17 years of service.
The most recent transfer comes as Dart has chosen to take a special profession path “in a special path”, Insurance coverage Occasions reported, citing an announcement launched by Brit on 31 October.
Brit’s assertion added: “We thank Christiern for his dedication and dedication to Brit and want him all one of the best for the longer term.”
Dart had been working with Brit since 2006 and has now began his transitional interval and is ready to finish a regulatory handover, a report by Reinsurance Information confirmed.
Following the completion of this regulatory course of, Jon Sullivan, who’s performing as the corporate’s deputy group CUO and energetic underwriter for Syndicate 2987, will take up the place of group CUO.
Throughout his 17 years with Brit, Dart had undertaken totally different roles, beginning as Brit’s underwriter earlier than shifting to function a property services divisional director in 2010.
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In December 2014, Dart superior to the position of deputy energetic underwriter and in 2016, he took up the cost of CUO for the group.
Earlier than becoming a member of Brit, Dart labored with a number of different insurance coverage corporations reminiscent of Liberty Syndicates.
Brit is a world specialty insurance coverage and reinsurance firm, specialising in underwriting advanced dangers.
The corporate additionally has a presence at Lloyd’s of London and in Syndicate 2987.
By way of Syndicate 2988 and Sussex, Brit delivers greater than $400m (£329.76m) of further underwriting capability.
All these underwriting platforms reinforce Brit’s ambition to spice up its flexibility whereas enhancing relevance and long-term relationship with purchasers and brokers.