Stephen Martin is to retire from his position as chief executive of Steamship Mutual at the end of the current policy year in February 2023.

Martin’s position is to be taken over by Jonathan Andrews, who is the head of the Eastern Syndicate. Hong Kong branch chief executive Rohan Bray will take over Andrews’ role.

Chris Adams is also to retire from his position as chief operating officer to be replaced by Graham Jones, current head of legal.