Management restructure at Atrium heralds new active underwriter

Atrium Underwriters has appointed Peter Laidlaw as active underwriter as part of a management restructure.

Laidlaw will take up his post on January 1, 2023.

In concurrence with this move, existing active underwriter Toby Drysdale will move to an advisory role as director of Corporate Underwriting Review.

In his new role, Drysdale will have responsibility for consulting the board and providing underwriting review services to the group.

Richard Harries, CEO at  Atrium, said: “I am delighted that Peter has accepted the role of active underwriter of  Atrium Syndicate 609. “This move comes as part of our long-term succession plan and with over 29 years at  Atrium, Peter has long been the standout candidate to take over from Toby. Toby has been an exceptional active underwriter and we at  Atrium, our names and shareholders owe him a huge debt of gratitude. I’m pleased that Toby has agreed to stay on and support the business and we’re very fortunate he has agreed to do so.”

Drysdale added: “It has been a privilege to have been the active underwriter of Syndicate 609 for the last seven years. After much consideration I have decided to step down for personal reasons. “ Atrium is a very special company, and I am delighted that its approach to flexible working will allow me to continue to contribute to its success whilst achieving a better work/life balance.”

Laidlaw, currently senior underwriter, said: “Having spent my entire career at  Atrium, I am honoured to take on the leadership of such an exceptional team of underwriters. It has been a privilege to work closely with Toby over the years and I am delighted that I will continue to have access to his wisdom and to have his ongoing support. I am excited about both  Atrium's future and the opportunities that lie ahead.”

All proposed changes to senior management functions, roles and responsibilities are subject to regulatory discussion and to any/all relevant regulatory approvals.

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