Newline has appointed Andrew Pecover as its new Chief Underwriting Officer (CUO).
The firm said that Pecover will be responsible for the underwriting operations for Newline Syndicate 1218 and Newline Insurance Company Limited across all lines of business.
It added that Pecover will be based in London and will report directly to Carl Overy, CEO of Newline Group.
Overy said in a statement: “Andy is a talented individual who has accomplished a great deal since joining us and has demonstrated his ability to take on increasing levels of responsibility. His solid leadership, extensive experience and firm commitment to Newline’s disciplined underwriting approach will enable us to continue the momentum we’ve built over the last few years and lead us to new heights.”
Pecover joined Newline in 2018 as its directors and officers’ liability team leader, and later advanced to the head of financial and professional lines in 2020, and most recently, deputy active underwriter.
In taking on the role of CUO, it appears that Pecover will be replacing William Beveridge, who it was announced last week was leaving Newline to become the CUO of UK P&I Club.
