Sapphire Underwriting has appointed Malcolm Cutts-Watson as non-executive chairman and Jeremy Miles as an executive member of the Sapphire Underwriting board. The appointments follow the resignations of Ian R West as chairman and Richard Tee as non-executive board member. Cutts-Watson is the founder and managing director of Cutts-Watson Consulting. Previously, he worked at Willis for 20 years as chairman of Willis’ international captive practice where he was responsible for international captive operations. Miles is currently the CEO of Spring Partners. From 2018 to 2019 he served as CEO of AXA UK. Prior to that, he spent 21 years at Chubbs, serving multiple roles including; senior vice president, personal risk services, Europe; head of distribution UK and Ireland and specialty insurance manager. Commenting on the new non-executive chairman, Nigel Brand, CEO of Sapphire Underwriting, says: “We’re extremely happy to introduce a non-executive director of Malcolm Cutts-Watson’s calibre and expertise to the Sapphire board and look forward to taking Sapphire forward in this exciting stage of its growth and development.” Cutts-Watson states: “I’m delighted to be joining Nigel Brand and his team at a time when the technical requirement to navigate increasing demand for coverage, coupled with limited supply, is at an all-time high.” “Sapphire Underwriting has established a strong reputation both locally and in other financial centres. I look forward to building upon this and facilitating continued success,” he adds.
