Price Forbes
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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The London broker has also recently hired Michael Lohan from Lockton.
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Tim Barber joins from QBE Re, where he was head of North America.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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Worsening trading conditions in the D&O market are leading to staff cutbacks.
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Plus, the latest people moves and all the top news of the week.
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Layla O’Reilly and Mark Edwards are among the brokers leaving the firm.
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A limited number of broking staff are also leaving the business, including downstream head Dan Nicholls.
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A collision earlier today caused a cargo of jet fuel to burst into flames.
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The broker joined the Ardonagh Group from Gallagher’s Alesco in 2017.
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Andrew Draycott is to stay on "for the foreseeable future".