SLE Worldwide Australia CEO Brad French will leave the underwriting agency at the end of the year after more than two decades of service.

A replacement CEO will be announced “in due course”, with SLE Holdings Chairman Simon Rice to provide support during the transition, parent company Chaucer Group says.

Sydney-based SLE, which has a focus on the sports, leisure and entertainment markets, was acquired by Chaucer in 2017. The firm is a Lloyd’s coverholder and also writes on behalf of Australian licensed insurers.

“Brad’s contribution to SLE in his 25 years with the firm cannot be overstated,” Chaucer Group CEO John Fowle said.

“Under Brad’s leadership SLE has become a recognised leader for product innovation, broker-friendly technology and customer service. We thank him for his service and wish him well for the future.”