From Yahoo Finance: 2025-04-28 05:52:00

Probitas CEO Ash Bathia and MD Nick Bacon will retire on July 31, 2025. Aviva acquired Probitas last year, re-entering the Lloyd’s market. Aviva GCS UK MD Matthew Washington will succeed Bathia as CEO, subject to regulatory approval. Probitas grew under Bathia and Bacon’s leadership to £400m in gross written premium.

Bathia and Bacon will offer executive advisory post-retirement. Aviva broadened its GCS with new lines like Political Violence and Terrorism through Probitas. Aviva plans to underwrite new business lines via Probitas. Bathia expressed pride in the team’s achievements and looks forward to passing the baton to the next generation.



Read more at Yahoo Finance: Probitas CEO and MD to step down at July-end