Ardonagh Specialty appoints Steven Rance as Head of Specialty at Inver Re London
Inver Re, Ardonagh Specialty’s reinsurance broking business, has appointed Steven Rance to...
Ardonagh Specialty’s facultative reinsurance capabilities brought together in Inver Re
Ardonagh Specialty today announces that it has brought facultative reinsurance capabilities together in Inver Re.
The facultative team from Besso Re has moved to Inver Re and will be led by Nikki Melbourne in the role of Head of Facultative, Inver Re. Nikki was previously Head of Facultative at Besso Re, where she was part of a team that successfully launched and grew a multi-geography multi-product line capability business.
Nikki joined Besso Re from JLT Fac and has held senior underwriting roles at Allianz, Mapfre and RSA. Over the coming months Nikki will oversee both the Besso and Inver teams to ensure clients receive a transparent and seamless service.
The Inver Re facultative team now has global capability property, casualty, power, renewables, specie and terrorism and is eight-people strong.
Inver Re London CEO Jonathan Prinn commented: “As recent market trends have demonstrated, facultative purchases are now perhaps even more important to clients as they seek to find balance sheet protection that they would have historically passed to their treaty reinsurers.
“Bringing the different facultative teams together from across the Ardonagh Group into Inver Re creates critical mass and a centre of excellence with broad capabilities that our clients directly benefit from. I’m delighted that it will be led by Nikki, who has a formidable track record in growing successful units.”
Notes to editors
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Founded in 2021 as part of The Ardonagh Group, Inver Reinsurance Brokers Limited aims to bring a fresh perspective to reinsurance and establish a credible alternative in a market where choice and flexibility are increasingly limited. Our energy and purpose are born out of a unique combination of the scale and resources of the UK’s largest independent insurance broking group and the flair and expertise of our team.
Ardonagh Specialty Ardonagh Specialty is the holding company and growth platform for leading independent brokers Besso Insurance, Bishopsgate, Compass London Markets, Ed Broking, Inver Re, Piiq Risk Partners and Price Forbes. Combined, we have 1400 colleagues globally and manage $7 billion in gross written premium. With a strong presence and deep relationships worldwide, and a steadfast commitment to investing in the best people, markets and technology, together our businesses offer open market programmes, reinsurance and international solutions designed to empower clients to achieve their strategic ambition.
The Ardonagh Group
The Ardonagh Group is the UK’s largest independent insurance distribution platform and a top 20 broker globally. We are collection of best-in-class entrepreneurial and specialist brands with a network of over 150 locations and a combined workforce of more than 10,000 people. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs. For more information, visit our website: www.ardonagh.com.