Britannia Group Announces CEO Transition
The Britannia Group has announced that Chief Executive Andrew Cutler will step down at the end of 2025. Cutler, who joined the group in 2006 as a senior claims handler after a legal career as a partner at HFW, became CEO in 2012. During his tenure, Britannia expanded its operations in Europe and Asia and navigated regulatory changes related to Brexit. He also currently serves as chair of the International Group of P&I Clubs (IG), a position he will leave when his three-year term concludes in November 2025.
Deputy CEO Mike Hall, who joined Britannia in 2008 as an underwriter and became chief underwriting officer in 2014, will take over as CEO. Hall was appointed deputy CEO in 2022 and chairs the IG’s Reinsurance Committee. Egied Verbeeck, chair of the Britannia Group, acknowledged Cutler’s significant contributions, noting that under his leadership, Britannia had grown and successfully navigated various challenges. “While there are some months to go, Andrew will be leaving the Britannia Group in an excellent position to continue to move forward and we wish him well in his new endeavors,” Verbeeck said.
Cutler recently announced his intention to pursue a portfolio of non-executive roles after nearly two decades with the company. Reflecting on his time as CEO, Cutler stated, “I am proud of my first-class colleagues and, as Egied says, the Britannia Group is well positioned going forward and will thrive under Mike’s leadership.” Incoming CEO Mike Hall expressed his enthusiasm about stepping into the role, thanking his colleagues and the board for their support. “I will work hard with the Britannia team to take the club forward and to continue to deliver the high-quality service and financial stability that our members expect,” he said.
The company has also seen other governance changes. Verbeeck was appointed non-executive chair of the Britannia Group’s boards and members’ representative committee, effective January 1, succeeding Anthony Firmin, who retired last December after five years as chair. Helen Todd was recently appointed deputy chief underwriting officer. Todd joined Britannia in 2018 as divisional director, with responsibility for underwriting in North America, Greece, and Southern Europe, bringing over two decades of experience in P&I underwriting.
