Neil Higgins appointed Inver Re Head of Facultative Reinsurance
19 July 2021
The Ardonagh Group has appointed Neil Higgins as Head of Facultative Reinsurance at its new reinsurance broker Inver Re.
Neil joins from Miller where he held a number of roles since 2010, most recently as Head of Property.
Throughout his decade at Miller, Neil was instrumental in growing the business from a team of 12 to a Property & Casualty division of more than 100. Prior to this, he held senior roles at PWS and Newman Martin and Buchan.
Neil will oversee the creation of a client centric, strategic, flexible and market-neutral approach to facultative reinsurance solutions.
Inver Re will align this capability with broader treaty reinsurance expertise, as well as drawing upon the combined expertise of Ardonagh Specialty and the Group, to position the new reinsurance broker as a credible, independent alternative for clients and work towards its aim to become a top 5 global reinsurance broker.
Commenting on the appointment, CEO of Ardonagh Specialty James Masterton said: “Neil is a proven leader who understands what it takes to build a reinsurance business that can deliver real value for clients. We are delighted to be welcoming him to Inver Re and the wider Ardonagh Group at this pivotal moment in our history.”
Neil added: “Clients face increasingly complex challenges and by harnessing the strong foundations and reach of The Ardonagh Group, Inver Re is perfectly poised to structure exceptional solutions to address these needs.
I’m truly excited to be building a facultative division with a singular focus on service excellence to ensure clients goals are met every time.”
Notes to Editors
INVER RE
Founded in 2021 as part of The Ardonagh Group, Inver Reinsurance Brokers Limited aims to bring a fresh perspective to reinsurance and establish a credible alternative in a market where choice and flexibility are increasingly limited. Our energy and purpose are born out of a unique combination of the scale and resources of the UK’s largest independent insurance broking group and the flair and expertise of our team.
THE ARDONAGH GROUP
The Ardonagh Group is the UK’s largest independent insurance distribution platform and a top 20 broker globally. We are collection of best-in-class entrepreneurial and specialist brands with a network of more 100 locations and a combined workforce of more than 7,000 people. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs.
Latest announcements
MDS Brazil, part of The Ardonagh Group, to acquire Brazilian D’Or Consultoria
MDS Brazil, a subsidiary of Ardonagh-owned MDS Group (“MDS”) and one of the country's major brokers in the insurance, reinsurance, benefits management and risk consulting segments, today announces it intends to acquire D'Or Consultoria (“D’Or”), a health, dental, life insurance and pensions broker from Rede D’Or Sao Luiz. S.A. (“Rede D’Or”).
Ardonagh to acquire Australian-headquartered and ASX-listed PSC Insurance Group in landmark A$2.3 billion transaction
The Ardonagh Group (“Ardonagh” or “the Group”), one of the world’s largest independent insurance broking platforms, today announced it has entered into a Scheme Implementation Deed (“SID”) to acquire all of the issued ordinary shares in PSC Insurance Group Limited (ASX:PSI) (“PSC”) for A$6.19 in cash per PSC Share pursuant to a scheme of arrangement.