Ardonagh
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Anthony Erotocritou is now group chief commercial officer, as Andrew Wallin takes the specialty helm. -
The downstream brokers will join Price Forbes alongside former colleague Dan Nicholls, who left Miller last month.
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Brokerslink has appointed Antony Erotocritou as a board director representing Ardonagh Specialty.
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The $10bn broking firm is progressing in its pivot towards specialty and international business, and an asset management model.
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The intermediary business booked 9.5% organic growth in P&C and 14.9% growth in specialty in the first nine months of 2023.
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The senior retro/specialty broker spent 26 years at Willis Re, which was acquired by Gallagher in 2021.
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The Swiss business controls around $1.3bn in premium.
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Mark Shumway joins from Howden Capital Markets, where he has been managing director since 2020.
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ESG targets and the growth trajectory of renewables is attracting capacity to the class of business.
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The personal lines strategy mirrors the buy, build and sell playbook you would see from a sponsor.
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The deal will provide the group with significant additional funds to support M&A in its international and specialty segments.
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