Skip to main content

Probitas CEO Bathia and MD Bacon to retire

The Lloyds building in London

Probitas CEO Ash Bathia and managing director Nick Bacon will retire on 31 July 2025, a year after the £249m Aviva deal went through.

Both Bathia and Bacon will continue to act in an advisory capacity.

Matthew Washington, MD for global, corporate and specialty at Aviva, will assume CEO responsibilities for Probitas as part of his role as MD of GCS, following Bathia’s retirement and pending regulatory approval.

RelatedAviva completes £249m Probitas buy Aviva re-enters Lloyd’s with £242m Probitas buy Ex-QBE chief Ash Bathia joins Lloyd's syndicate 

Aviva completed the purchase of Probitas after getting all the necessary approvals

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Peach and owner grow in 2025

Peach, which offers underwriting capacity to brokers, schemes and managing general agents for business insurance cover, grew in 2025 as profits at parent NPA Insurance also rose, maintaining the trends of the year before.

Ageas UK GWP jumps as Esure deal flows in

Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: