London-headquartered insurance group Brit has appointed Tony Medniuk as Non-Executive Chairman of its Lloyd’s managing agent Brit Syndicates, effective September 6.
He will succeed outgoing Chairman and ex-Lloyd’s Chief Executive Officer (CEO) Richard Ward, who is also stepping down from the Board of Brit.
Medniuk was Managing Director and Chief Underwriting Officer of British Aviation Insurance Group, which acquired Associated Aviation Underwriters in 2000 to become Global Aerospace, the world’s largest specialist aerospace insurer, which Tony subsequently led as CEO.
Medniuk brings over 40 years’ experience to the role and has served on the Syndicates Board since 2011. He has chaired the IUA, and has been a founder member of the London Insurance Market Reform Group.
“Tony has had a highly successful career and his knowledge and experience of managing Lloyd’s syndicates makes him the right person to step into the role of Non-Executive Chairman of Brit Syndicates,” said Mark Cloutier, Executive Chairman of Brit.
“Having served on its Board for a number of years, he already knows Brit well. We would also like to thank Richard for his valuable contributions during his time as Non-Executive Chairman of Brit Syndicates and on the Board of Brit.”
