IUA announces new chair

Chief executive praises her experience in underwriting

IUA announces new chair

Insurance News

By Jonalyn Cueto

The International Underwriting Association (IUA) has announced the election of Claire McDonald (pictured), member of the executive board for HDI Global SE, as the new chair of the association. She succeeds Phil Hobbs, president and managing director of Liberty Specialty Markets, effective January 1, 2024.

McDonald was elected at the November meeting of the IUA board. She has been a member of the IUA board since 2021 and is currently the deputy chair of the association.

Also elected were three new deputy chairs, Theo Butt, CEO of Convex Insurance UK Ltd; Matthew Gordon, underwriting director for specialty and property investors at Aviva Insurance Ltd; and Simon Wilson, president at Markel International. Their appointments are effective immediately.

Dave Matcham, chief executive of the IUA, welcomed the appointments.

“The IUA Board plays a vital role within the London Market, both in setting the overall strategy of the association itself and influencing the wider industry as an authoritative representative of the company market,” he said.

“Claire McDonald is an excellent candidate to lead the IUA. She has considerable experience both as an underwriter and senior leader, with further expertise in operations, process management, and change management. I look forward to working with her as we prepare the IUA’s business plan for 2024.”

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