Brit appoints three to executive boards

Brit has made a trio of executive appointments to the boards of a number of its subsidiaries, including its own. These appointments are subject to regulatory approval.

Firstly Andrea Welsch, has been appointed non-executive director to the boards of Brit and Brit Syndicates. She 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 Welsch was executive director, office of the chief executive officer, 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, Welsch brings strong expertise in reinsurance structures and the management of Lloyd’s syndicates. she started her career at Herbert Smith, dual qualifying in the UK and New York.

Secondly Pinar Yetgin has been appointed as non-executive director, to the board of Brit Syndicates. She is currently head of insurance, wealth management and brokers sectors at RBS, a role she has held since 2008. Yetgin 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.

Thirdly Graham Pewter has been appointed non-executive director to the Boards of Brit Re and Sussex Capital. He served as president and chief executive officer of Catlin Insurance Company in Bermuda from 2003 until his retirement in 2015. Prior to Catlin, Pewter was president and chief executive officer at Commercial Risk Partners, a subsidiary of SCOR Group. He previously held executive positions with LCF Rothschild Insurance Services and Cologne Reinsurance Company (Bermuda). In 2014 he was awarded the Queen’s Certificate and Badge of Honour for service to Bermuda.

“Andrea, Pinar and Graham are all highly regarded individuals with strong track records in both insurance and the broader financial services sectors,” said Mark Cloutier, executive chairman of Brit. “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, Brit Syndicates, Brit Re and Sussex Capital.”

Matthew Wilson, chief executive officer, 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.”