Mark Wood ratified as Chaucer Syndicates chairman

Mark Wood has been ratified as chairman of Chaucer Syndicates Limited following Bob Deutsch’s resignation.

Wood took over on October 1 but the move was only rubber-stamped by the board yesterday.

The board also gave the nod for Chris Stokes to officially become the chairman of the audit committee.

Non-executive directors Andrew Robinson, executive vice president at the Hanover Group, and Tim Carroll, continue in their roles.

American-based insurer the Hanover Group snapped up Chaucer earlier this year.

Chaucer chief executive Bob Stuchbery said: “I would like to thank Bob Deutsch and Richard Scholes for their dedicated service to Chaucer over the last eight years and I look forward to working with both Mark Wood and Christopher Stooke in their new roles.”