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Press Releases

Date Headline
19.01.17 RFIB launches MGA - Limehouse Agencies

RFIB today announced the appointment of Jack Gressier as a Non-Executive
Independent Director of its holding company (TopCo). Mr Gressier will be investing in
the company in a private capacity.

In addition TopCo has announced the creation of Limehouse Agencies (Limehouse);
Mr Gressier has additionally been appointed as the founding Non-Executive Chairman of Limehouse.

Limehouse is a subsidiary of TopCo and has been established with the aim of building a world class underwriting platform dedicated to serving clients and markets, buyers and sellers in the most effective and efficient manner. It will use the latest innovations in technology to provide superior service and product.

Mr Gressier stated "the traditional insurance model, on which the large brokers and carriers were built, is being transformed. The arrival of new, non-traditional capital in conjunction with new and advanced disruptive technology has created a new paradigm in risk transfer.

Limehouse has been established to be at the forefront of this development. As founding Non-Executive Chairman of Limehouse I will shortly be announcing the appointment of a world class Chief Executive Officer to lead Limehouse Agencies.”

Mr Gressier is an industry veteran of more than 30 years having started his career in Lloyd’s in 1986. He has extensive experience in most classes and most geographies. Having served as both an Underwriter and Management Executive in both the Lloyd’s and insurance company environments he is uniquely qualified to create a start-up business in the MGA and alternative markets space.

Mr Gressier will report to Mr Mark Winlow the independent Chairman of TopCo.

07.11.16 RFIB appoints South East Asia cargo team

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the appointments of Paul Leith-Smith, Giles Penfold and Will Hawkins who will form a new South East Asia Marine Cargo team. The team joins from Ed, and will report to Chris Bracegirdle, Director and Chris Tansley, Managing Director Marine and will assist with RFIB’s expansion into South East Asia.

Leith-Smith brings over four decades of experience to RFIB. He previously served as Director of Marine at Ed and was a founding partner at CRS (Cameron Richard and Smith). Penfold joins with over 22 years of marine experience. He began his career at CRS in 1994. Hawkins also joins from Ed after four years as a marine cargo broker.

Dennis Mahoney, Chief Executive Officer of RFIB said: “South East Asia represents a key growth area for RFIB and the marine cargo sector will be a key pillar in this expansion. I am delighted that we have been able to recruit such a high calibre team to develop our presence in this market. Their exceptional experience and market contacts, combined with a proven track record of building profitable accounts will be a terrific asset in realising our ambitions for the region. They have built their reputations on providing solutions tailored to clients’ specific requirements and are the ideal candidates to broaden our offering in South East Asia. I am very pleased to welcome them to RFIB.”

10.08.16 RFIB launches Transaction Solutions business with the appointment of James Wilson

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the launch of its Transaction Solutions business with the appointment of James Wilson ashead of Transactions Solutions. Wilson takes up his new role with immediate effect and will report to Paul Chilton, Chief Operating Officer.

The Transactions Solutions division will provide insurance solutions that address liabilities incurred in the M&A process, which support and help facilitate transactions across a range of industry sectors.

These insurance solutions include:

  • Warranty and Indemnity (W&I)
  • Specific Tax Liability
  • Specific Contingent Liability

Wilson brings over 12 years’ experience in Transactions Insurance to his new role and will be tasked with the launch and build of the new team. He joins from Protean Risk where he served as Head of Transactions Solutions. Prior to this, he held the role of Head of Transactional Insurance & Financial Lines Senior Underwriter at Aspen Insurance.

Dennis Mahoney, CEO of RFIB said: “Central to our growth strategy is the development of specialty propositions where expertise, client understanding and in-depth product knowledge act as the differentiator. The Transactions Insurance sector has undergone phenomenal growth in recent years and there is a clear opportunity for an independent intermediary to provide a bespoke client focused service. James is the ideal candidate to launch our Transactions Solutions business and I am very pleased to welcome him to the team.”

08.08.16 RFIB appoints Managing Director of RFIB Americas

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the appointment of Glenn Jackson as a Managing Director of RFIB Americas.  He takes up his position with immediate effect reporting to Nick Foden-Pattinson and will be based in the Tampa office.

Jackson brings with him 11 years of experience in the insurance-linked securities (ILS) market to RFIB. He joins from Beach Re, formerly known as Axiom Re, where he served as a Senior Vice President advising capital market participants and insurance and reinsurance companies in the structuring, modelling and execution of alternative reinsurance transactions. Jackson began his reinsurance career in 1982 at Intere Intermediaries, before holding a series of reinsurance broking positions, including at Aon Re and Willis Re.

Foden-Pattinson said: “Realising our ambitions for RFIB Americas will require exceptional individuals who share our client driven focus, have the ambition and vision to propel our business forward and can offer the market a genuinely bespoke and independent service. Glenn has these characteristics in abundance and I am certain he will play a key role in the continued growth of our business. I am very pleased to welcome him to RFIB.”

Jackson said: “I am delighted to be joining RFIB Americas. The US is a market with huge growth potential and a genuine demand for truly independent, customer-driven brokerage. I look forward to working with the excellent team at RFIB Americas in developing business in this exciting territory.”  

07.07.16 RFIB launches Membership Services business

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the launch of its Membership Services business with the appointments of Tony Martin, Directorand Stephane Boiron, Associate Director. They take up their roles with immediate effect and will report to Paul Chilton, Chief Operating Officer.

The new offering will provide a suite of insurance products for organisations with large memberships such as banks, credit card businesses, professional organisations, associations and affinity groups. In addition to offering suitable insurance programmes, the team will also deploy new insurance backed technologies to furnish business with large membership bases with additional benefits to support risk mitigation and member retention. The team will target three key areas:

  • A range of products to support Travellers – including innovative solutions to protect against lost or stolen luggage.
  • Support for Retail Transactions including measures to prevent credit card fraud
  • Security products including mobile banking, ATM robbery and identity theft.

 

Martin and Boiron join from Miller Insurance Services. Martin brings over two decades of specialist insurance experience to RFIB. He previously served as head of global membership and affinity schemes where he successfully launched and developed a new global membership business. Boiron brings over 15 years’ experience to his new role. He previously served as a producer / broker where he developed a series of insurance solutions for retail broker networks in France, Spain and the UK in addition to a vast number of financial institutions, societies, and membership organisations throughout Russia, Africa and the Middle East.

Dennis Mahoney, CEO of RFIB said: “Businesses across the globe are consistently looking for new ways to expand and retain their memberships by furnishing them with additional benefits. Tony and Stephane have an exceptional track record of developing innovative insurance solutions and products which can have a tangible impact for organisations’ memberships. I am delighted to welcome them to RFIB and I am certain that our new offering will quickly become a leading force in this sector.”

 “The appointment of high calibre, specialist teams and individuals is central to our growth strategy. RFIB has become a highly attractive platform and by continuing to recruit the market’s leading talent to complement our existing expertise we will ensure we realise our ambitions and the true potential of our business.”

16.05.16 RFIB Americas launches with senior appointments

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the launch of RFIB Americas.  This is the first major new initiative since it recapitalised with its new partner, Calera Capital, last year.  RFIB Americas will oversee the development of existing subsidiaries RFIB (Bermuda) and US based Gracechurch Intermediaries, offering specialist products for reinsurance clients in the United States, Bermuda and Canada.  RFIB Americas will be led by Nick Foden-Pattinson as CEO with Jeremy Brasier as MD of Bermuda and Simon Hudson as MD of reinsurance at Gracechurch.

Foden-Pattinson who has been at RFIB for eight years brings more than three decades of experience to his new role.  Brasier has been at RFIB Bermuda for six years and is charged with further developing its growing Bermuda presence. Hudson recently joined from Holborn Corporation where as senior vice president he was responsible for several successful capital raising initiatives for a series of start-up insurance operations.  Prior to this, as a managing director at Guy Carpenter, he was a production broker and team leader for property cat, retro and medical malpractice treaty business.

Dennis Mahoney CEO of RFIB said “we have identified a segment of the United States reinsurance market which is currently underserved due to recent market realignments and dislocation.  With the backing of our partners Calera Capital, we have a clear strategy and the requisite resources to swiftly develop our presence in these territories.  The launch of RFIB Americas represents a key pillar in our growth strategy and a significant milestone in the history of our Group.”

Foden-Pattinson said: “I am delighted   to be given the opportunity to lead this important new initiative and welcome the support of Jeremy and Simon. We have identified significant scope for expansion and there is a clear demand for a truly independent brokerage to offer a more client driven alternative.”  

27.05.15 Martin Pyrke to lead RFIB Middle East Expansion

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, is pleased to announce Martin Pyrke has been appointed Senior Executive Officer of RFIB Middle East. Based in Dubai, he takes up his role with immediate effect tasked with maintaining and accelerating the growth of RFIB’s business in the region.

Martin, who joined RFIB in 2009 to develop its Middle East Reinsurance Treaty business, brings nearly four decades’ insurance experience to his new role. Prior to his appointment at RFIB he spent six years developing Benfield’s Middle East account. In total, Martin spent nearly 25 years at Greig Fester (subsequently Benfield) where he held various senior roles including serving as MD of Greig Fester New Zealand.

Martin takes over from Anthony Harris, who has managed RFIB's Middle East operations for nearly 10 years. Anthony has been appointed Deputy Chairman of RFIB Middle East Group and will also stay on in Dubai in a non-executive role, with responsibility for assisting business development in the wider region, taking advantage of Dubai's position as the main commercial hub in the Middle East.

Jonathan Turnbull, Chief Executive Officer of RFIB said: “We have built our leading reputation in the Middle East by offering clients products that reflect their needs and evolve with their businesses. In recent years, we have continued to strengthen our team by recruiting specialists who share our service ethos while also diversifying RFIB’s offering and are now ideally positioned to accelerate growth in the region. With his managerial experience, regional understanding and recognised broking skills Martin is the ideal candidate to leverage our strengths to achieve this expansion.” 

Adrian Spooner, Chairman of the Middle East Group said: “I am delighted that Anthony Harris will continue with the Group as Deputy Chairman. He has been instrumental to our development and his strategic counsel will be invaluable as we consolidate our leading position in the region.”

11.05.15 RFIB launches app to enhance client experience

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, is pleased to announce the launch of its new online application for smartphones and tablets, which has been developed to improve accessibility and understanding of a select suite of its bespoke, complementary products. The app will initially provide both online and offline access to team and product information for the following classes of business, in reflection of clients’ needs for an increasingly comprehensive risk management solution for these areas:

  • Political Risk, Trade Credit & Surety
  • Global Risk Solutions (Property and Construction)
  • Cargo
  • Financial Risks

 

The app also affords easy access to the RFIB team and office network ensuring that, regardless of location and time zone, clients can always contact their closest RFIB representative. Finally in a further measure to improve clients’ ease of access to essential documentation, indication forms for Property Damage and Business Interruption are also available via the new app.

Richard MacFarlane, Managing Director International Non-Marine, said: “I am very pleased to announce the launch of our new app. We are committed to providing a market leading service which constantly evolves to match the needs of our clients and adapts to reflect how they do business. Businesses, particularly in the Middle East and Africa, increasingly utilise mobile applications in their commercial activities and the need for ready access to relevant  product and contact information in a simple, user friendly format was a key consideration in the development of our new app”.

The RFIB app is available to download for both Apple and Android devices at:

https://itunes.apple.com/tr/app/rfib-insurance-reinsurance/id941428978?mt=8

https://play.google.com/store/apps/details?id=com.rfibapp.rfib

The RFIB app is also available online as a webapp at the following address:

www.rfibapp.com

20.01.15 RFIB appoints Wolfgang Petz as Head of Medical Reinsurance for Middle East

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, has announced the appointment of Wolfgang Petz as Head of Medical Reinsurance for the Middle East. He takes up his position with immediate effect reporting to Martin Pyrke, Deputy Senior Executive Officer in RFIB’s Dubai office.

Wolfgang brings over 25 years’ of medical insurance and reinsurance experience to RFIB and has worked for over a decade in senior positions in the Middle East. He joins from Munich Health, Munich Re’s global medical reinsurance arm. During his time with Munich Health, where he was latterly responsible for underwriting medical business in Saudi Arabia, Wolfgang obtained a deep understanding of the medical insurance and reinsurance requirements of insurers around the globe and especially in the Middle East and brings with him the technical understanding required to secure profitable business for RFIB’s markets.

Jonathan Turnbull, Chief Executive Officer of RFIB said: “Wolfgang has built an exceptional reputation in the Middle East based on his expertise, market knowledge and a focus on providing innovative reinsurance solutions. The Middle East represents an area of tremendous growth potential and we have the team in place to support our clients and partners and to become the broking partner of choice for specialist insurance products in the region. “Medical business accounts for about 30% of insurance premiums in the region and Wolfgang is the ideal person to develop medical reinsurance programmes for our growing number of clients in the Middle East.  I am delighted to welcome him to the team.”  

06.01.15 RFIB expands Hull and War business with appointment of Steve Hughes

RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the appointment of Steve Hughes as Divisional Director, Hull and War. He takes up his new position with immediate effect and will report to Chris Tansley, Managing Director of Marine International.

Steve brings nearly three decades of experience in the Lloyd’s market to RFIB. He joins from Willis where he served as Executive Director, Marine. Prior to this, Steve spent six years at Price Forbes as a Divisional Director responsible for producing and placing Marine Hull and Liability business. He began his career in 1989 with John Plumer and Partners (later AJ Gallagher) and has also held senior positions at Ropner Insurance and Besso.

Jonathan Turnbull, Chief Executive Officer of RFIB, said, “A key part of our growth strategy is to attract individuals who have the experience, market understanding and service driven approach to complement our specialist team. Steve has these qualities in abundance and his highly impressive reputation and vast expertise, particularly in US and Asian business, will be a significant asset to our Hull and War team. I am very pleased to welcome him to RFIB.”