Barbican announces brace of senior promotions
12 October 2017
London, 12th October 2017 – Barbican Insurance Group today announced two senior promotions. David Booth, previously active underwriter, Syndicate 1955, is promoted to the new role of director of underwriting for Barbican Managing Agency Ltd (BMAL); while Andy Caldwell, previously deputy active underwriter, Syndicate 1955, is promoted to active underwriter. Both roles are subject to regulatory approval.
As director of underwriting for BMAL, Mr. Booth is responsible for overseeing and monitoring the agency’s underwriting and reinsurance strategy, as well as having performance oversight for all managed syndicates.
Mr. Booth joined Barbican in 2008 and became active underwriter, Syndicate 1955 in 2013. He has some 25 years of experience in the London and European insurance markets.
In his new role as active underwriter, Syndicate 1955, Mr. Caldwell is responsible for all activities relating to the syndicate, including business planning, performance management and liaising with Lloyd’s.
Mr. Caldwell joined Barbican in 2008 and was appointed deputy active underwriter, Syndicate 1955 in 2015. He has over 25 years of experience in the specialty casualty arena.
Commenting on the promotions, Iain Bremner, managing director, BMAL said: “The creation of the director of underwriting role reflects the considerable success that BMAL has had in recent years, particularly in attracting and developing third party partnerships. I am delighted that someone of David’s market standing and underwriting acumen is taking up the position and look forward to working closely with him as we further expand our operations. It is also a pleasure to be announcing the promotion of Andy to active underwriter of Syndicate 1955. He has been a prominent figure in Barbican’s growth since our launch and has excelled in the position of deputy; he brings continuity and a wealth of market knowledge to the role.”