Announcements

The Ardonagh Group Announces Appointment of Gordon Newman as Wholesale Segment Leader

29 August, 2017 |Ardonagh Group | Appointments

The Ardonagh Group (“the Group”) today announces the appointment of Gordon Newman as Wholesale Segment Leader.

The Ardonagh Group’s Wholesale Segment is an international insurance and reinsurance broking business, employing in excess of 400 people and contributing a third of the Group’s gross written premium. It consists of Price Forbes and Bishopsgate.

James Masterton as CEO of Price Forbes & Partners Ltd and Neil Pearce as Managing Director of Bishopsgate will report into Gordon.

Gordon was previously CEO of Cooper Gay's London operation, CGNMB LLP, having taken on the role in November 2013. This followed the sale of Newman Martin Buchan to Cooper Gay, recently rebranded Ed, of which Gordon was the founding Executive Chairman.

Commenting on the appointment today, CEO of The Ardonagh Group David Ross said:

“Gordon is a man of exceptional pedigree and his leadership of wholesale within The Ardonagh Group will be an invaluable contribution to our strategic ambition.”

Gordon Newman added:

“We have made great strides in Bishopsgate over the last quarter, with a focus on customer centric, bespoke service, attracting some of the best talent in the market. Price Forbes is a major independent player in the London Market and the combination of these businesses is a force to be reckoned with.”

The Ardonagh Group consists of Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, harnessing market leading positions spanning the breadth of UK general insurance with a global reach. 


Notes to Editors

About The Ardonagh Group

The Ardonagh Group is the UK’s largest independent insurance broker with global reach and a network of over 100 offices with a workforce of over 5,000 people.

The Ardonagh Group was created in June 2017, bringing together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate.

About Price Forbes

Established in 1893, Price Forbes is an independent, specialist international wholesale insurance broker headquartered in London employing over 300 staff. It is a world class international Lloyd’s broker with ten successive years of growth, placing non-standard risks for large multi-national companies.

About Bishopsgate

Bishopsgate is a Lloyd’s broker, focused primarily on wholesale opportunities arising from The Ardonagh Group’s UK distribution channels, as well as from the external United Kingdom retail market via third party brokers. The business focuses on less traditional wholesale risks, including retail, manufacturing and wholesale jewellers, life sciences, motor fleet and renewable energy.

 

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