The Ardonagh Group, a risk solutions provider and intermediary, has announced a new leadership team for its specialty department.
The team will oversee the next stage of growth for the group’s independent specialist brokers, Price Forbes and Bishopsgate Insurance Brokers.
Antony Erotocitou is now managing director at Ardonagh Specialty, while Jonathan Turnbull will take on a position at the specialty executive committee.
Richard Peers and Greg Ferguson have been appointed as CEO at Price Forbes and International at Price Forbes, subject to regulatory approval, respectively.
While Graham Kilby will now operate as CEO at Bishopsgate, overseeing the firm’s expansion in the programmes and binders arena, as well as the UK focussed specialty lines.
James Masterton, executive chairman and CEO at Ardonagh Specialty, said: “As the world continues to evolve rapidly, the role of the intermediary has never been more important.
“In this new management team we are incredibly fortunate to be leveraging exceptional talent, specialist expertise and deep global relationships to successfully lead the strategic direction of both businesses in today’s market.”
He added: “Bolstered with the best talent, technology and products, we are poised to continue delivering solutions which [allow] our clients to succeed across a vast array of sectors and regions into 2021 and beyond.”
Ardonagh previously recorded £152m pro forma income in the financial year to 31 March 2020, with 10.7% organic growth for the quarter.