Steve Kirk poached from HSBC to become divisional director of marine division

PWS Holdings plc, the specialist independent international insurance and reinsurance broker, is pleased to announce Steve Kirk has joined the Group as a Divisional Director of its Marine Division.

PWS says it is currently trading at the best level it has for some years and the Board expects this to continue through 2008.

Mr Kirk has over 30 years experience in the London Insurance Market, where he has specialised in the Marine Hull broking sector. His role will include broking and production of new business. Steve joins PWS from Lloyd’s broker, HSBC.

This appointment advances the Group’s strategic remit to expand the PWS Marine Division.

This was initiated in November 2007 with the appointment of Richard Cirsch as Divisional MD, quickly followed by the recruitment of Simon Christensen as a Director earlier this month. Mr. Kirk’s appointment further extends the Division’s capabilities, a process which is expected to continue over the coming months.

Further recruitment into PWS’ Marine Division is planned.

Commenting Stephen Card, CEO of PWS said: “I am delighted Steve will be joining Richard Cirsch in our Marine Division. I am also very encouraged by the team’s performance so far, and look forward with enthusiasm to the further development of this area over the coming months. I am also delighted that as a Group we are enjoying the most buoyant trading that we have for some years, and that we expect this to continue through 2008”.