Brit announces Board appointments

14-06-2018

Andrea Welsch has held a number of (re)insurance sector leadership roles in Lloyd’s, North America and Europe, working internationally across the industry as a broker, reinsurer and attorney. Most recently she was Executive Director, Office of the CEO, at Willis Re, where her responsibilities included the development of Willis joint venture Acapella Group’s special purpose syndicate. Prior to this she held senior positions with Greenlight Capital Re and Aon Benfield. In particular, Andrea brings strong expertise in reinsurance structures and the management of Lloyd’s syndicates. Andrea started her career at Herbert Smith, dual qualifying in the UK and New York.

Pinar Yetgin, with over twenty years of financial services experience, has demonstrated an ability to support business growth while retaining a focus on prudent risk management. She is currently Head of Insurance, Wealth Management and Brokers Sectors at RBS, a role she has held since 2009. Pinar was previously Head of Insurance, Real Money Funds and Securities Firms for Europe at Standard Chartered and has also worked at JP Morgan and Citibank.  

Graham Pewter brings 40 years’ experience in the Bermuda (re)insurance market to the Boards of Brit Re and Sussex Capital Limited. Graham served as President and Chief Executive Officer of Catlin Insurance Company Ltd in Bermuda from 2003 until his retirement in 2015. Prior to Catlin, Graham was President and Chief Executive Officer at Commercial Risk Partners Limited, a subsidiary of SCOR Group. He previously held executive positions with LCF Rothschild Insurance Services and Cologne Reinsurance Company (Bermuda) Limited. In 2014 he was awarded the Queen’s Certificate and Badge of Honour for service to Bermuda.

Mark Cloutier, Executive Chairman of Brit, said: “Andrea, Pinar and Graham are all highly regarded individuals with strong track records in both insurance and the broader financial services sectors. Their well-deserved reputations for strategic leadership, alongside their respective international experience and capital markets expertise, will prove valuable for Brit as the business continues to grow in scale and capability. I look forward to the contributions and insight they will bring to the Boards of Brit Ltd, Brit Syndicates Ltd, Brit Re and Sussex Capital Limited.”

Matthew Wilson, CEO, Brit, added: “I would like to welcome Andrea, Pinar and Graham to their respective Boards. They join Brit at an exciting time and their insights and market knowledge will be important as we continue to develop the business and capitalise on the growth opportunities we have identified. I look forward to working closely with them all.”

*Subject to regulatory approval.

ENDS

For further information, please contact

FTI Consulting

+44 (0) 203 727 1046

Britinsurance@fticonsulting.com

About Brit

Brit is a market-leading global specialty insurer and reinsurer, focused on underwriting complex risks. It has a major presence in Lloyd’s of London, the world’s specialist insurance market provider, with significant US and international reach. Brit underwrites a broad class of commercial specialty insurance with a strong focus on property, casualty and energy business. Its capabilities are underpinned by robust financials. Brit is a subsidiary of Fairfax Financial Holdings Limited.