Global reinsurance broker Ed has appointed Faraday’s Simon Stovell as Divisional Director of its Risk Solutions team, effective immediately.
In his new role, Stovell will report to Stephen Louden, Managing Director of Ed’s Risk Solutions division.
Joining from Faraday, where since 2014 he held the position of Senior Binder Underwriter, Stovell brings more than three decades of industry experience to the role, having worked in the Lloyd’s of London marketplace as a broker and as an underwriter.
He started his career in 1987 as a broker at Robert Barrow, and has since held numerous senior roles, including Partner in the property fac unit of JLT Re and Executive Director of Lonmar in the non-marine division.
Commenting on Stovell’s appointment, 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.”