October 12, 2017
Barbican has promoted Syndicate 1955 active underwriter David Booth to the new position of director of underwriting for Barbican Managing Agency Ltd (BMAL).
In his new role, Booth will be responsible for overseeing and monitoring the agency’s underwriting and reinsurance strategy, as well as having performance oversight for all managed syndicates.
Deputy active underwriter Andy Caldwell has also been promoted, taking over from Booth as active underwriter. His responsibilities include all activities relating to the syndicate, including business planning, performance management and liaising with Lloyd’s.
Both seniors joined Barbican in 2008. Booth, who has more than two decades of experience in the London and European insurance markets, became active underwriter of Syndicate 1955 in 2013.
Meanwhile, Calder was appointed deputy active underwriter of the syndicate in 2015 and boasts 25 years’ experience in the specialty casualty arena.
Commenting on the promotions, BMAL managing director Iain Bremner, 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.”