Limit Underwriting has announced a new management structure to lead Syndicate 386.
In advance of David Constable's succession to Bob Wallace as Active Underwriter of Syndicate 386, Limit Underwriting has confirmed the new structure of the Syndicate's management team.
David Constable will take responsibility for the UK Liability business, pending an appointment of a successor to Denis Burniston, the previous UK Liability Director, who has left by mutual consent.
David Constable commented: "The Syndicate continues to adapt to ever changing business and market demands as we enter 2003."
Chief Executive Officer of Limit, Steven Burns, said: "We believe the broadened leadership structure is appropriate to the scale of the Syndicate which is being grown to a capacity of £450 million for 2003 in response to the very hard market conditions prevailing.
"Bob leaves behind an immensely strong franchise and underwriting team which we expect to continue to prosper under the leadership of David and his senior managers."
