Beazley has announced that its chief underwriting officer (CUO) Neil Maidment will be stepping down at the end of the year after almost three decades with the Lloyd’s carrier.
Maidement will also step down from the company's board at the same time. Adrian Cox, currently head of specialty lines, will succeed Maidment as CUO when he retires from the role on 31 December 2018 having held the position for around 10 years.
Maidment has also been a member of the Council of Lloyd’s since 2016 and became chair of the London Market Association in 2015.
Beazley said: “We are immensely grateful to Neil for his many contributions to the company, including his skill and dedication in guiding the development of Beazley’s well-balanced underwriting portfolio. We wish him well for the future.”