Leadership team
David Ross
Chief Executive Officer
David Ross was appointed Chief Executive Officer of The Ardonagh Group in June 2017. This represented the culmination of a two-year process by shareholders and management to create the market leading independent distribution Group in the UK.
David became the CEO of Towergate, the original investment by HPS in the UK insurance intermediary industry, in November 2015 and led the business through a period of turnaround and transformation which included stabilising revenue, people, financials, infrastructure and governance. The demonstrable progress made with the Towergate transformation during 2016 and 2017 enabled the creation of The Ardonagh Group in June 2017. David advised MDP and HPS on the acquisition of the other assets required to fulfil the vision during 2015 and 2016.
An Insead Alumnus, David’s career has spanned 27 years on the front line of the insurance industry. This included a 25-year career at Arthur J Gallagher, most recently as the CEO of the International Division, during which time the company underwent a defining period of growth and expansion.
Diane Cougill
Chief Financial Officer
Diane joined The Ardonagh Group in June 2018 as Chief Financial Officer. Diane was previously CFO and Insurance Director of the motoring and financial services group RAC. In her seven years she, alongside the CEO, sold the business out of Aviva to the Carlyle Group and more than doubled the enterprise value of the Group ahead of the eventual sale to GIC and CVC.
Diane is a member of the Institute of Chartered Accountants and has previously held senior management roles at a number of financial and energy companies including Aviva and TXU.
Geoff Gouriet
General Counsel
Geoff joined the management team in Towergate as General Counsel in March 2016 and worked on the turnaround and transformation of the business as well as on the formation of The Ardonagh Group throughout 2016 and 2017. Geoff has been Group General Counsel of The Ardonagh Group since its creation in June 2017 and is a member of its executive committee.
Geoff was previously a Partner in the corporate teams of City firms Stephenson Harwood LLP and Lawrence Graham LLP. He has more than 20 years of experience in advising on complex public and private company corporate transactions in a number of sectors and has also held senior management and executive committee positions during his time in private practice.
Sarah Dalgarno
Chief Risk Officer
Sarah has more than 27 years’ industry experience and has served as The Ardonagh Group’s Chief Risk Officer since June 2018. She joined Towergate in 2015 from Arthur J Gallagher International, where she spent nine years, latterly as CRO, responsible for all regulatory, compliance risk management and governance matters of the UK regulated entities and international operations. Prior to Arthur J Gallagher, Sarah worked at the FSA for six years.
James Masterton
Chairman Specialty Broking
James Masterton is Chairman of Ardonagh Specialty, which incorporates leading brands in Lloyd’s of London and global markets. Previously Chief Executive Officer of Price Forbes & Partners James has over 37 years’ experience in the insurance market. Prior to the purchase of the business, assets and ‘Price Forbes’ brand by the management of Price Forbes & Partners Limited, James led the combined non-marine groups for the merged Price Forbes Limited and Prentis Donegan & Partners Limited under the ownership of Marsh & McLennan Companies, Inc. Previously, James joined Prentis Donegan & Partners Limited in 1998 to help develop and subsequently lead its non-marine group. James started his career in 1983 in London at Sedgwick, joining as a broker of property programmes for North American corporations, placing business into Lloyd’s and European markets and became a Director of Sedgwick North America Limited before moving to Prentis Donegan. James was appointed to the Board of the London and International Insurance Brokers’ Association (LIIBA) in June 2019.
Antony Erotocritou
CEO Specialty Broking
Antony is CEO of Specialty Broking. Having joined Towergate as Underwriting Finance Director in 2016, Antony played a pivotal role in driving the transformation of Towergate's finance operating model, before being appointed Group Finance Director for The Ardonagh Group in March 2018. Anthony moved into Ardonagh Specialty in 2019, steering the platform through a period of significant growth.
Prior to Ardonagh, Antony held numerous senior finance and commercial executive positions across a number of key industries, including FTSE 100 Telecoms giants BT and France Telecom and Private equity industry Oakley Capital, before joining RSA Insurance Group, where he spent eight years as CFO for RSAs Personal Lines business.
Ian Donaldson
CEO Ardonagh Retail*
Ian co-founded Autonet in 1998 in Stoke-On-Trent, and successfully led the business to achieve turnover of one million pounds after just two years. Since then he has grown Autonet to become one of the UK’s largest insurance brokers handling over 1.2 million calls a year and relationships with over 30 leading insurance providers. In 2010, Autonet launched a van price comparison site for moneysupermarket.com and in 2016 he oversaw investment from Highbridge Principal Strategies and Madison Dearborn Partners before becoming part of The Ardonagh Group. Ian was appointed CEO of Carole Nash in January 2018, as well as CEO of Swinton in December 2018, in addition to his leadership of Autonet.
Rob Worrell
CEO Ardonagh Advisory
Rob was a founding partner of The Insurance Partnership in 1993, overseeing the business to achieve a turnover of over £60 million, before becoming Managing Director in 2000, and negotiating its sale to Jelf in 2013. He joined the Jelf Group Executive Board became Managing Director of Trading following the sale before being appointed CEO of Jelf in 2015 following its acquisition by Marsh. In December 2017, Rob was appointed CEO of Ardonagh’s Advisory platform which includes the Towergate trading brand. Outside insurance, Rob has a wide, varied and successful business portfolio across property, estate agency, education and manufacturing.
Conor Brennan
CEO Ardonagh Europe
Conor Brennan has more than 10 years’ experience in the insurance industry gained in both the UK and Ireland. Conor has led Arachas, Ireland’s fastest growing specialist corporate broker since May 2018. Prior to this, he joined Zurich in 2008, first in Ireland where he rose through the ranks from Director of Broker Distribution to Chief Executive Officer, before moving to the UK where he became Head of General Insurance. Prior to Zurich, he was Deputy CEO of Chambers Ireland and a director and shareholder in two tech start-up businesses.
Des O'Connor
CEO Ardonagh Global Partners
Des O’Connor was appointed CEO of Ardonagh Global Partners in April 2021, a newly formed segment responsible for driving International expansion outside of UK and Europe. Des has more than 30 years’ experience in the UK Insurance Broking sector, more recently as CEO of Bravo Group, a UK retail broking consolidator that made more than 40 acquisitions between 2016 and 2021. Bravo Group was acquired by The Ardonagh Group in July 2020. Prior to Bravo Group, Des assumed various MD roles at Gallagher International between 2006 and 2014, having worked within the Lloyds broking community since 1990.
* subject to regulatory approval
With a career spanning over 40 years in financial services, from accounting through to his position as Chief Executive of the FSA, John has played a significant role in reforming the regulation of both the life and general insurance industries and improving consumers’ understanding of personal finance.
John previously held Non-Executive Director roles on the Board of Credit Suisse Group and Tilney Group Limited. Prior to this, John was CEO of the Resolution Group, a private investment company which, through M&A, sponsored the formation of The Friends Life Group Plc, a FTSE 100 company prior to its acquisition by Aviva in 2015.
John is Chairman of the Ardonagh Group Board and its Risk & Nominations Committee. In addition to his Ardonagh role, John is also the founder and Chairman of The Salcombe Brewery Co. Limited
Martyn’s career in audit, risk management and governance spans four decades, including operating at Board level in both the private and public sector. Martyn spent five years at Credit Suisse Group where he was Global Head of Internal Audit and prior to that he oversaw group audit functions at Lloyds Banking Group as Group Audit Director for nine years. Before joining Lloyds, Martyn spent 24 years at international professional services firm Arthur Andersen in the UK, Switzerland and Australia.
Martyn chairs the Group Audit Committee. In addition to his Ardonagh role, Martyn also serves on the Board of Somerset NHS Foundation Trust and director and Audit Committee chair of Hampshire Trust Bank.
He is a Fellow of the Institute of Chartered Accountants, where he chaired the Institute’s Internal Audit Advisory Panel for 10 years.
Pat brings extensive financial services experience to the Board, gained through both his executive and non-executive careers. He has previously served as a Non-Executive Director of Bank of Ireland Group PLC and Bank of Ireland (UK) PLC and was a partner at The Resolution Group, which conducts investment and restructuring activities in financial services. Pat has also chaired the Investment Committee of British Business Bank Investments Ltd, which is the commercial arm of the British Business Bank. Prior to that, he spent a number of years at McKinsey & Company Inc where he held senior roles, including leading the Europe, Middle East and Africa Retail Financial Services Practice.
In addition to his Ardonagh role, Pat is also Chairman of Aldermore Group plc, Non-Executive Director of Hikma Pharmaceuticals PLC and Non-Executive Director of Res Media Limited.
Pat is a qualified accountant and a Fellow of the Institute of Chartered Accountants in Ireland.