Specialist insurance and reinsurance underwriter GoshawK Insurance Holdings has announced a reshuffle at board and senior management level.

It is the first stage of its operational review.

David Hooker, chairman since 1996, will step down at the end of the year to be replaced by a candidate chosen by the company's appointment committee.

Hooker is credited with transforming GoshawK from a small Lloyd's agency into a listed insurance group.

Russell Brooke is to join GoshawK's reinsurance business, GoshawK Re, in Bermuda, as chief executive and chief underwriting officer. Brooke joins from ACE Tempest Re and before that Willis Group in London.

And group underwriting director Andrew Gammell is stepping down from his day-to-day underwriting responsibilities for Goshawk Re to focus on the underwriting of Syndicate 102.