Brown & Brown’s wholesale brokerage phase Bridge Specialty Group has appointed Tim Coles as the brand new CEO for its European brokerage operations.
Coles will begin within the new place on 1 January 2024.
Coles, who started his insurance coverage profession at Howden, most lately served because the CEO of Xenia Broking Group, a part of Kentro Capital.
UK-headquartered brokering firm Kentro Capital was acquired by Brown & Brown in October 2023.
Throughout his 13-year tenure at Howden, Coles first served because the CEO of Howden’s London broking enterprise and was later promoted because the CEO of Howden Broking Group.
Bridge Specialty Group president Stephen Boyd stated: “Over the previous few years, we’ve got been diligently enhancing our London brokerage capabilities.
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“The acquisitions of Lonmar and BdB, along with our longstanding London brokerage agency Decus, have offered Bridge Specialty Group with an more and more numerous set of capabilities by way of phase specialisation and geographic attain to higher serve the evolving wants of our clients.
“We’re excited to announce Tim’s promotion to CEO of Bridge Specialty’s European brokerage operations. He’ll work carefully with present leaders throughout our London brokerage enterprise to additional develop our platform whereas offering extra market entry and merchandise for patrons throughout the globe.”
Bridge Specialty Group, which was launched in 2021, contains greater than 25 speciality manufacturers and operates from 50 completely different places all through the US, UK and Europe.
Brown & Brown Europe CEO Mike Bruce stated: “We’re delighted that Tim is taking over this newly created position, as he combines the expertise of working inside the London Market with a confirmed monitor file of management and delivering enterprise progress.
“Our London brokerages present complementary sources throughout numerous threat classes by combining the talents of a wonderfully proficient group of colleagues and teammates.”
