The International Underwriting Association has created a council for chief underwriting officers in the London company market, which met for the first time this week. It will meet twice a year and its purpose is to help ensure the IUA’s work remains focused on supporting the underwriting operations of its members.

Tom Hughes, director of underwriting at the IUA, said: “I’m excited to be developing this new group which will ensure the IUA’s strategic objectives are tightly aligned with the underwriting priorities of our members.

“By engaging with companies at a senior level we will be well placed to lead debate and promote innovative solutions to the key underwriting challenges facing our sector.”

The new council will include at least one representative from the IUA board, to ensure strong links with the governance body. Currently this is Rob Wilson, chief underwriting officer at Chubb Global Markets.