THB, the specialist insurance and reinsurance broker, has announced the appointment of Declan Durkan as Managing Director of THB UK Risk Solutions, the company’s wholesale broking operation that places UK risks on behalf of 1,300 brokers.
Durkan joined THB in 2017 as Commercial Placement Director, before which he held a variety of senior roles at JLT, Marsh, and Arthur J. Gallagher over a 25-year career.
In his new role, he will be responsible for delivering THB’s broad range of insurances to UK brokers, and will report directly to Darren Nightingale, Chief Executive Officer (CEO) of THB’s Marine, Energy & Transportation (MET) divisions.
THB added that Durkan’s appointment would signal a renewed focus on supporting UK brokers, exactly 50 years after the company began its broking operations in the UK motor fleet market.
“Appointing a managing director dedicated solely to promoting all our UK classes is a first for THB and demonstrates our commitment to providing meaningful support to Britain’s retail brokers,” said Nightingale.
“We’re a Top 10 Lloyd’s contributor with expert broking teams built over 50 years, and while we’ve long been a recognised force in wholesale motor fleet we’re now bringing our market power and experience to bear in supporting UK brokers with our strongest ever proposition,” he added.
Durkan also commented: “I’m delighted to be leading a strong and experienced team – boosted recently by the appointment of two more business development managers – to assist our retail broking partners in developing new revenue opportunities and supporting them with the placement of both common and complex risks.
“We’re offering not only our THB UK Risk Solutions teams’ expertise across commercial, property, liability, fleet, and professional and financial classes including cyber liability, but also for the first time we will formally work together with our specialist marine, energy and transportation teams including aviation, all of which cater for UK risks.
“Plus we’re building a bigger portfolio of schemes and online options making it quicker and easier than ever for our brokers to meet their clients’ needs. We want THB to be our brokers’ first choice for all their UK risks.”
