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Price Forbes Re has hired Brian Cole as Executive Vice President (EVP), Head of Financial Lines as it builds out its offering in the US.

Based in Boston, Brian will lead the development of Price Forbes Re’s financial lines practice, working closely with North America CEO Patrick Rastiello, who joined the business in February.

Brian brings more than 30 years’ experience to the firm. His previous roles include Executive Vice President of Gallagher Re (formerly Willis Re), Head of Casualty at Lockton Re, and Head of D&O at Guy Carpenter. 

Brian Cole commented: “I’ve spent most of my career at the big reinsurance brokerage houses and was ready for a new approach. I was attracted by Ardonagh’s track record in growth, handling around $18bn of premium globally, and Price Forbes Re’s ambitious plans for growth in the US, Bermuda, and London markets. Price Forbes Re has demonstrated that it’s the place to connect seasoned professionals across jurisdiction and specialism to deliver a comprehensive program for clients.”

Patrick Rastiello commented: “I am pleased to welcome Brian to Price Forbes Re. Developing a strong financial lines vertical is a key part of our expansion plan. We are hiring top-class reinsurance professionals in the US, backed by outstanding analytics and service model. Brian’s arrival demonstrates that we are a gathering place for reinsurance professionals to provide exceptional client support”. 

ENDS

Notes to editors 

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About Price Forbes Re
Price Forbes Re is an independent specialist risk strategy and reinsurance broker based in London, Bermuda, and the US. Price Forbes Re brings a fresh perspective to help its clients understand their business within the complex and evolving risk landscape. Price Forbes Re combines reinsurance broking, capital solutions and strategic advisory underpinned by insight driven analytics to deliver tailor-made solutions for our clients.

www.priceforbesre.com

Ardonagh Specialty
Ardonagh Specialty is the growth platform for leading independent brokers Price Forbes and Price Forbes Re. Combined, we have 1,750 colleagues globally and manage over $7 billion in gross written premium. With a strong presence and deep relationships worldwide, and a steadfast commitment to investing in the best people, markets and technology, together our businesses offer open market programmes, reinsurance and international solutions designed to empower clients to achieve their strategic ambition. 


The Ardonagh Group
The Ardonagh Group is one of the world’s largest independent insurance distribution platforms and a top 20 global broker. It is a collection of best-in-class entrepreneurial and specialist brands with a combined workforce of over 10,000 colleagues and a network spanning 200+ locations in more than 30 countries. Within its portfolio, it offers a highly diversified range of insurance-related products and services across the full insurance value chain globally.

www.ardonagh.com