Steadfast Underwriting Agencies (SUA) CEO Simon Lightbody has stepped down from the management role but will continue as a non-executive director on the SUA subsidiary boards.

Group CEO Robert Kelly says Mr Lightbody has made a “massive contribution” to the evolution and success of SUA over the past two decades.

“Simon has significantly strengthened SUA by forging new underwriting agency partnerships, which now includes 24 specialist agencies and over 100 niche products, while building a solid professional team,” he said.

“Simon leaves SUA in a power position with strong foundations for the future. We wish him well in his non-executive life.”

The change took effect from February 1.