Malcolm Cutts-Watson is stepping down and retiring from his role as non-executive chairman of RISCS CWC at the end of December.
The decision to retire comes two years after overseeing the merger of RISCS with Cutts-Watson Consulting (CWC).
Cutts-Watson is known to many as one of the pioneering heavyweights of the captive world.
He will continue to act as an independent non-executive director and assist in the development of talent in the industry.
“After five decades in the business it is time for me to step back,” Cutts-Watson said.
“When I approached Oliver [Schofield] back in 2022 with a view to merging our respective companies, I had in mind a two-year timeframe for my involvement and we have been working to this schedule.
“I am delighted as to how well the merger has gone and to see RISCS CWC go from strength to strength.”
Oliver Schofield, CEO & managing partner of RISCS CWC, said: “It has been a great pleasure knowing Malcolm all these years and an honour for RISCS to be chosen by him as a merger partner for CWC.
“Malcolm will be sorely missed by all of us – and the wider captive world – but we look forward to extending his legacy by continuing our independent, innovative work. We wish him and Madeleine all the very best for a long and happy retirement.”