HDI Global Specialty
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Ralph Beutter, currently the board member responsible for specialty lines, is set to retire in May 2025.
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The improvement was attributed to growth in new business and inflation-related price adjustments.
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Taylor will move into a consultancy role on his retirement later this year.
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The carrier’s combined ratio improved by 1.4 points YoY to 91.8%.
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Claire McDonald will leave the carrier as part of the transition.
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Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.
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The executives join as representatives of the Lloyd’s Market Association and International Underwriting Association.
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Graham Silton will move from his current position as manager for liability and cyber in Asia Pacific.
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Sutcliffe steps into the role vacated by Jon Bartlett, who retired at the end of 2023.
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The executive joined the group five years ago.
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