Specialist insurance and reinsurance broker THB Group has now completed the leadership transition of its THB Europe division, which includes the retirement of Joaquim Caria.
Caria has been facilitating a “smooth transfer of responsibility” to the firm’s Managing Director Ricardo Borges since he was appointed in August 2018, and has now retired after over 40 years in the insurance industry.
25 of these years were spent leading THB’s Amsterdam-based reinsurance business, which he established alongside Paul Lindeboom, and developed together until Lindeboom retired in July 2018.
“Reinsurance has given me a wonderful career and I am proud of the business that Paul and I have grown since 1994 to become the THB Europe of today. Having worked with Ricardo Borges for many years, I know that I leave the team – and our clients – in exceptionally good hands,” said Caria.
Frank Murphy, THB Chief Executive Officer (CEO), said: “Joaquim is, simply, one of the finest operators I have met in the reinsurance world. Together with Paul, he built an outstanding operation, starting with business in continental Europe and then latterly expanding into Africa.
“THB is indebted to him for his professionalism and meticulous attention to detail and we all wish him a very happy and well-earned retirement.”
While Borges added: “Joaquim has been a wonderful mentor, and I am truly grateful to him for his advice and counsel over the years.”
“With the exceptional legacy that Joaquim and Paul leave behind, combined with the huge opportunities presented by being part of the THB Group and wholesale global broking giant AmWINS, this really is an exciting time for the European division.”
