Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Simon Stovell as Divisional Director for the Risk Solutions team. Stovell begins with immediate effect and will report to Stephen Louden, Managing Director, Risk Solutions.
Stovell brings more than 30 years of industry experience having worked in the Lloyd’s market as both a broker and an underwriter. He joins Ed from Faraday having held the role of Senior Binder Underwriter since 2014. Stovell began his career in 1987 as a broker at Robert Barrow and went on to hold a number of senior roles including Partner in the property fac division of JLT Re and Executive Director of Lonmar in the non-marine division.
Louden said, “Simon’s appointment further reinforces Ed’s market leading capabilities. We are committed to providing clients with the highest level of advocacy, and with our first-class pricing tools and leading expertise we are well positioned to deliver outstanding service. Throughout his impressive career, Simon has accrued extensive experience in the US and international market, making him a great addition to the risk solutions team and well placed to diversify our current offering. I look forward to working with him.”
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Ed is owned by The Ardonagh Group, the largest independent insurance broker in the UK.
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 1700 colleagues globally and manage $5 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 more than 100 locations and a combined workforce of more than 8,000 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.