Britannia Group CEO to Step Down at End of 2025
The Britannia Group has announced that its chief executive, Andrew Cutler, will be stepping down at the end of 2025. Cutler has been with the company since 2006 when he joined as a senior claims handler following a legal career as a partner at HFW. He became CEO in 2012 and has led the company through significant expansion in Europe and Asia, as well as navigating regulatory changes related to Brexit.
During his tenure as CEO, Cutler also served as chair of the International Group of P&I Clubs (IG), a position he will leave in November 2025 when his three-year term concludes. 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 currently chairs the IG’s Reinsurance Committee.
Egied Verbeeck, chair of the Britannia Group, praised Cutler’s significant contributions to the company, 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 endeavours,” 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 expressed pride in his colleagues and the company’s future under Mike Hall’s leadership. “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,” he said.
Incoming CEO Mike Hall expressed his enthusiasm about taking on 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,” Hall stated.
The transition comes as the company has seen other governance changes. Egied 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. The company also recently appointed Helen Todd as deputy chief underwriting officer, bringing over two decades of experience in P&I underwriting.
