Ardonagh
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The specialty business – which includes Price Forbes and Bishopsgate – reported 16% organic growth in an integration year. -
The intermediary has named leaders for each line of business within the two divisions.
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Morgan Stanley has reached out to sponsors in recent weeks after initial attempts to source a US strategic tie-up.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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The pair will depart as Ron Hayes arrives to drive an acceleration of the specialty unit’s placement strategy.
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The marine expert worked for Ed for five years, after a career working with Marsh, Miller and Aon.
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John Thompson, Graham Kilby, Richard Peers and Russ Nichols will take the top jobs.
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The team will be headed up by Nikki Melbourne who previously led the team at Besso Re.
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The parametrics pioneer said Ardonagh would bring additional capacity to clients with new solutions.
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The pair have worked for a wide variety of intermediaries.
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There has been a recent uptick in personnel movement in the financial institutions space.
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The Envest transaction includes the acquisition of Aviso Group, a network of broking offices across five states and 10 MGAs.
