Ardonagh Specialty has announced the renaming of its reinsurance business as Price Forbes Re. This decision comes as part of the company’s efforts to simplify its multiple brands in 2023, with Price Forbes being established as the main brand for its wholesale business. Inver Re in London and Bermuda, as well as Equinox Re in the US, will now operate under the Price Forbes Re name.
Price Forbes Re aims to build on over 100 years of specialist insurance broking by creating a reinsurance specialist business that is energetic, entrepreneurial, progressive, and bold. The company plans to break from traditional reinsurance models and provide the agility needed in today’s rapidly changing world, drawing on a history of driving innovation in risk management. Chris Bonard has been appointed as the president of Price Forbes Re, reporting to Ardonagh Specialty CEO Andrew Wallin, pending regulatory approval.
Ardonagh Specialty serves as a holding company and growth platform for independent brokers in the wholesale, specialty, and reinsurance sectors. As a subsidiary of the Ardonagh Group, a UK-based independent insurance distribution platform and top 20 global broker, Ardonagh Specialty is dedicated to driving innovation and excellence in the insurance industry.
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