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priceforbes.com

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Investments

1

Partners & Customers

2

About Price Forbes

Price Forbes is a global insurance broker.

Price Forbes Headquarter Location

2 Minster Court, Mincing Lane

London, England, EC3R 7PD,

United Kingdom

+44 (0)20 7204 8400

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Latest Price Forbes News

People Moves: Insurer Aviva Names Montague, Cummings to Exec Committee; Wood to Launch Captive Operation for Price Forbes Bermuda; Wagstaff Is CEO of LMG

Sep 24, 2021

September 24, 2021 A summary of these new hires follows. Aviva Strengthens Exec Committee with Chief Risk Officer Montague and CIO Cummings UK insurer Aviva announced the promotion of Andrea Montague as chief risk officer. Andrea Montague Montague joined Aviva in April 2020 as group chief financial controller and has previously worked at Royal London and Standard Life in senior finance and audit leadership roles, including deputy group finance director and chief internal auditor John Cummings She and John Cummings, the current chief information officer, will both join Aviva’s Executive Committee, subject to regulatory approval. Before becoming CIO for the group, Cummings was previously CIO for Aviva’s UK General Insurance business. His career in technology has included roles at Vodafone and BT. His appointment to Aviva’s Executive Committee reflects the critical importance of technology and digital to Aviva’s transformation, said the company in a statement. *** Price Forbes Bermuda Names Wood to Launch Captive Management Operation Price Forbes & Partners (Bermuda) Ltd. announced the appointment of William Wood as senior vice president of its newly created Insurance Management unit. Wood is a 27-year veteran of the Bermuda re/insurance marketplace having served in a variety of disciplines. William Wood He joins after a brief term as director of Captives and Commercial Insurers at Artex Risk Solutions (Bermuda) Ltd., and before that he was CEO of Charles Taylor’s captives’ business for six years. Wood started his career in captive management before moving to the commercial re/insurance industry covering a number of roles in capital modelling, rating agency relationship management, accounting, underwriting and claims with XL Capital, Everest Re and Centre Solutions, before taking the position of treasurer and controller at Nissan Global Reinsurance Ltd. Price Forbes, part of top 20 global broker and the UK’s largest independent broking platform, The Ardonagh Group, sees captive management as a natural fit to its reinsurance brokerage business as well as providing a platform for other business opportunities within the wider Ardonagh Group. As part of this initiative, Price Forbes Bermuda was recently granted an insurance managers’ license by the Bermuda Monetary Authority. Established in 1892, Price Forbes & Partners Ltd. is an independent global specialty insurance broker with offices in London, Brussels, Dubai, Hamilton, Labuan, Johannesburg, Stellenbosch, Santiago and Hong Kong (where it has a minority share). Price is part of The Ardonagh Group, the UK’s largest independent broking platform and a top 20 broker globally. *** Wagstaff Named CEO of London Market Group The board of the London Market Group (LMG) announced the appointment of Caroline Wagstaff as the LMG’s permanent chief executive officer. This follows a period of six months from April to September this year when Wagstaff assumed the role on a temporary basis. Caroline Wagstaff Wagstaff has more than 25 years’ experience working in communications and marketing for the financial services sector. She most recently was a director for the London-based public relations firm Luther Pendragon, where she spent more than nine years. She founded Lucid Communication in 2005, which became part of Luther Pendragon in 2012. Prior to Lucid, Wagstaff was head of corporate communications at College Hill Associates. She also she spent nearly five years as head of marketing and communications at Lloyd’s of London (Sep 1997 – May 2002), according to her LinkedIn profile. “Caroline has done an excellent job since she joined the LMG in April. The board is delighted to be able to confirm that Caroline has agreed to change her title from ‘interim’ to ‘permanent’ as CEO, and this means that she will be now able to bring a longer-term view to bear, tackling big issues such as cultural change, climate change and technological change in the London market on behalf of our organisation and members,” commented Matthew Moore, chairman of the LMG. The LMG brings together the specialist commercial re/insurance broking and underwriting communities in London. It is supported by the International Underwriting Association of London (IUA), Lloyd’s of London, the Lloyd’s Market Association (LMA) and the London & International Insurance Brokers’ Association (LIIBA).

Price Forbes Investments

1 Investments

Price Forbes has made 1 investments. Their latest investment was in Sino Insurance and Reinsurance as part of their Corporate Minority on September 9, 2019.

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Price Forbes Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/25/2019

Corporate Minority

Sino Insurance and Reinsurance

Yes

1

Date

9/25/2019

Round

Corporate Minority

Company

Sino Insurance and Reinsurance

Amount

New?

Yes

Co-Investors

Sources

1

Price Forbes Partners & Customers

2 Partners and customers

Price Forbes has 2 strategic partners and customers. Price Forbes recently partnered with Whitespace on February 2, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

2/14/2019

Client

Whitespace

United Kingdom

14 February 2019- by Christina Talo. Price Forbes adopts Whitespace for electronic placement - Price Forbes

Price Forbes has entered into a partnership with Whitespace to provide electronic placing capability for its London business .

1

Vendor

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10

Date

2/14/2019

Type

Client

Vendor

Business Partner

Whitespace

Country

United Kingdom

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News Snippet

14 February 2019- by Christina Talo. Price Forbes adopts Whitespace for electronic placement - Price Forbes

Price Forbes has entered into a partnership with Whitespace to provide electronic placing capability for its London business .

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Sources

1

10

Price Forbes Team

1 Team Member

Price Forbes has 1 team member, including former Chief Executive Officer, James Masterton.

Name

Work History

Title

Status

James Masterton

Chief Executive Officer

Former

Name

James Masterton

Work History

Title

Chief Executive Officer

Status

Former

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