Britannia Group announces CEO succession plan

(Posted on 22/04/25)

The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler, has informed the Board of his intention to resign from the Group on 31 December 2025.

Andrew joined the Britannia Group in 2006 as a senior claim handler, having previously been a Partner at HFW, for many years being based in Asia. Andrew was appointed CEO of the Britannia Group in 2012. During his tenure, the Britannia Group has successfully navigated the challenges of Brexit and expanded its presence in Europe and Asia, whilst remaining a leading member of the International Group of P&I Clubs (the IG). Andrew Is currently also Chair of the IG and will leave that position when his three-year term ends in November 2025.

Andrew will be succeeded by Mike Hall, the Britannia Group’s current Deputy CEO. Mike joined the Britannia Group in 2008 as an underwriter. He was the Group’s Chief Underwriting Officer from 2014 to 2022, when he was appointed Deputy CEO. He is currently the Chair of the IG’s Reinsurance Committee.

The Britannia Group’s Chair, Egied Verbeeck, commented, “Andrew has made a huge contribution to the Britannia Group for which we thank him. Under Andrew's leadership, the Britannia Group has grown from strength to strength, as well as having safely navigated numerous challenges. While there are some months to go, Andrew will be leaving the Britannia Group in an excellent position to continue to move forward and we wish him well in his new endeavours. The Britannia Group’s Boards were delighted to appoint Mike as Andrew’s successor and look forward to working with him and the rest of the Britannia management team”.

Andrew Cutler said, “After nearly two decades of dedicated service to the Britannia Group and its Members, the time is right for me to move to my next professional stage in life, where I will pursue a portfolio of non-executive roles. It has been a great honour to be the CEO of the Britannia Group since 2012. I am proud of my first-class colleagues and, as Egied says, the Britannia Group is well positioned going forward and will thrive under Mike’s leadership. I was equally proud to have been elected IG Chair, with that role reminding me of the collective strength of the IG as well as the value of teamwork”.

Mike Hall commented, “I am excited to be taking on the CEO role next year and am grateful for the support of my colleagues and the Group’s boards. I will work hard with the Britannia team to take the Club forward and to continue to deliver the high-quality service and financial stability that our Members expect.”