Inver Reinsurance Brokers Limited (Inver Re), The Ardonagh Group’s recently launched reinsurance broker, has announced the appointment of Nick Griffiths as Director of Reinsurance.
Griffiths joins the Inver Re senior leadership team and reports to Ardonagh’s Chief Executive Officer (CEO) of Reinsurance and Capital, Steve Hearn.
In his new role, he will focus on alternative sources of reinsurance capital and insurance-linked securities (ILS) at Inver Re.
The reinsurance broker was launched earlier this year and aims to take a consultative, bespoke approach to the core discipline of treaty reinsurance and craft risk strategies to suit individual requirements.
Griffiths joins from Howden where he most recently served as an Executive Director in its reinsurance broking arm, having joined the firm in 2018.
Previously, he worked at RFIB Group Limited for ten years, latterly as Head of Broking of its reinsurance division.
“It’s incredibly exciting to be getting the team in place to take Inver Re into the market as a re-imagined reinsurance business,” said Hearn. “It’s our aim to bring a fresh perspective, choice and flexibility to the market – and attracting and empowering top talent is absolutely key to doing so.
“I’m very much looking forward to working with Nick, whose expertise and energy is going to help us become a reinsurance business of scale and relevance – and in time a top five global player.”
Griffiths added: “I can’t wait to get started with Inver Re. It’s a new entrepreneurial, independent platform – with the opportunity to really change the face of reinsurance. I’m genuinely excited to be part of its growth, and to harness the scale, resources and reach of the wider Ardonagh Group to do even more for clients.”