Banyan Risk Ltd (“Banyan Risk”), a Bermuda-based specialty Managing General Agent (MGA), has appointed three experienced insurance executives to its Advisory Board.
The new members are John Berger, Bob Cox, and Andrew Cook, who collectively bring deep experience across specialty insurance, reinsurance, and global insurance operations, having held senior executive and board‑level roles at some of the industry’s leading organisations.
Industry veteran Berger brings more than 30 years of experience in the global re/insurance market. He was named Chairman of the Board of Coaction Specialty Insurance Group in May 2024 and has previously served as Chief Executive Officer (CEO) of Ascot Re, founding Chairman and CEO of Third Point Reinsurance Ltd., CEO of Alterra Capital Holdings Limited, and CEO and President of Chubb Re (later Harbor Point).
Cox brings more than four decades of property and casualty experience with major global insurance organisations. Most recently, he served as President and Chief Operating Officer of Global Insurance Operations at Markel Group from 2018 to 2023. Prior to that, he held senior leadership roles at Chubb and other specialty insurance organisations.
Cook is an independent board member with extensive public and private company director experience. He has over 35 years of executive, financial, operational, and capital markets experience. He is a non-executive director of multiple Bermuda-based companies, including Ferian Re, Atlas Arteria, Omega Cat Re, and Aspida Re (Bermuda). Cook began his career at Ernst & Young in Bermuda as an audit manager in 1984, before serving as Chief Financial Officer at La Salle Re and Axis Capital. He later moved to Alterra Capital as President and, since 2015, has held various non-executive director roles on the island.
Banyan Risk said these Advisory Board appointments reflect its continued evolution as it scales its underwriting platform and expands globally.
“The formation of our Advisory Board is an important step for Banyan Risk as we continue to grow the business,” said Tim Usher‑Jones, co‑CEO of Banyan Risk. “John, Bob, and Andrew bring an exceptional depth of experience and perspective, and we are very pleased to have their support as we move into the next phase of our development.”
Peter Horrobin, co‑CEO of Banyan Risk Ltd, added, “We have known John, Bob, and Andrew for a long time now and they have seen Banyan’s steady and fast-paced growth over the years. Their decision to join the Advisory Board reflects both their confidence in the business and the stage we are now at in our development.”
“Banyan Risk has built a strong platform with a clear sense of direction,” said Berger. “The business has grown quickly since its formation in 2021, and as a relatively young but fast‑scaling MGA, it has been one we have watched with interest. I know I speak on behalf of Andrew and Bob in saying that we are pleased to be joining the Advisory Board at a point where there is real momentum and opportunity ahead.”
