Price Forbes Re Appoints Gallagher Re’s Cole as Head of Financial Lines; BHSI names Aon’s Pache for PI/Cyber ​​team, DACH region, Schumacher as U/W property

This edition of International People Moves details appointments at Price Forbes Re and Berkshire Hathaway Specialty Insurance (BHSI).

A summary of these new hires follows here.

Price Forbes Re appoints Gallagher Re’s Cole as Executive Vice President, Head of Financial Lines

Forbes Price Re hired Brian Cole as executive vice president, head of Financial Lines, as it develops its offering in the US.

Based in Boston, Cole will lead the development of Price Forbes Re’s financial lines practice, working closely with the North American CEO Patrick Rastiellowho joined the business in February.

With over 30 years of experience, Cole joins from Gallagher Re (formerly Willis Re), where he was Executive Vice President. He was previously Head of Casualty at Lockton Re and Head of D&O at Guy Carpenter.

“I had spent most of my career at large reinsurance brokerages and was ready for a new approach,” commented Cole. “I was attracted by Ardonagh’s track record of growth, managing approximately $18 billion globally, and Price Forbes Re’s ambitious plans for growth in the US, Bermuda and London markets. Price Forbes Re has proven to be the place to connect experienced professionals from different jurisdictions and specialties to deliver a comprehensive program for clients.”

“Developing a strong financial vertical is a key part of our expansion plan. We employ top US reinsurance professionals backed by an outstanding model of analytics and service. Brian’s arrival demonstrates that we are a gathering place for reinsurance professionals to provide exceptional customer support,” according to Rastiello.

Price Forbes Re is an independent risk strategy and reinsurance broker based in London, Bermuda and the US. It is a subsidiary of broker Ardonagh Group, the London-based independent insurance distribution platform.

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BHSI names Aon’s Pache for PI/Cyber ​​team, DACH region, Schumacher as U/W property

Berkshire Hathaway Specialty Insurance (BHSI) announced that he appointed Thomas Pache to lead its new PI and Cyber ​​​​Insurance lines in the DACH region and Kim Schumacher as the main property insurer. Both Pache and Schumacher will be based in BHSI’s newly opened office in Hamburg.

Pache comes to BHSI with over three decades of industry experience – most recently from Aon in Germany. In his newly created role, he will focus on providing end-to-end IT and cyber solutions to clients with a focus on the information technology and software industry segments. He can be reached at [email protected]

Joining BHSI from QBE Europe, Schumacher will focus on growing BHSI’s Mittelstand real estate business in Germany. She comes to BHSI with nearly 20 years of industry experience. Early in his career, Schumacher was an insurance broker. She can be reached at [email protected].

“I am excited to continue to expand the expertise and solutions that BHSI brings to the DACH region as we expand both our product lines and our local presence,” said Andreas Krausehead of DACH.

BHSI provides solutions for property, casualty and executive and professional lines in Germany and throughout the DACH region.

TOPICS
Cyber ​​Property AJ Gallagher Aon