Brit Insurance Holding's deputy chairman, Andrew Shone, has resigned from his post today.
He will take early retirement, leaving on 19 April, it was announced.
Chief executive of Brit Insurance Holdings, Neil Eckert, told Insurance Times: "He has done a wonderful job over a long period of time. He was instrumental in the formation of Brit."
As a result of the company¹s move to put four syndicates into one composite, its syndicate 2987, and follow a line underwriting approach, there would be no need for a replacement, Eckert said.
Head of underwriting at syndicate 2987 remains Simon Clapham.
Shone has been with Brit and its forerunner, Wren, for over 30 years.
