Senior Appointment: Champion takes up new role at RFIB
RFIB Group Limited (“RFIB”), the international Lloyd’s insurance and reinsurance broker, is pleased to announce that Mr Hugh Champion has been appointed a Director of RFIB Group Limited. Hugh has begun his new role driving the group’s international strategic expansion of its leading position in facilities and binding authority business. Mr Champion will lead a team of 10 staff who specialise in this area.
As previously announced, RFIB is one of the top ten generators of binder and coverholder business into the Lloyd’s market. Such business accounts for a significant proportion of the group’s North American income, a significant minority of its international non marine business and elements of its marine and UK income. Hugh and his team will work across the group to further develop RFIB’s presence outside North America, whilst building on RFIB’s significant international presence in the reinsurance sector.
Patrick Holcroft, RFIB Group Chief Executive, said: “Opportunities are opening up in the international wholesale insurance arena which will enable RFIB to apply its expertise in facilities and binders business on a much wider basis. We have already made considerable progress on this front. With Hugh now on board, the group is well placed to push further ahead in 2008 and beyond.”