New leadership and a new multi-sector strategy for THB UK Risk Solutions
by THB, London | 30 Aug 2018
THB has announced new leadership and a new multi-sector strategy for THB UK Risk Solutions, its wholesale broking operation which places UK risks on behalf of some 1300 brokers.
Declan Durkan, who joined THB in 2017 following senior roles at JLT, Marsh and Arthur J Gallagher, has been appointed MD of THB UK Risk Solutions. He will report directly to Darren Nightingale, CEO of THB MET (which encompasses the Lloyd’s broker’s marine, energy & transportation divisions) to deliver to UK brokers the broadest range of insurances that THB has ever offered from one platform.
The move signals the international group’s renewed focus on supporting UK retail brokers, exactly 50 years after its broking beginnings in the UK motor fleet market.
“Appointing a managing director dedicated solely to promoting all our UK classes is a first for THB and demonstrates our commitment to providing meaningful support to Britain’s retail brokers” announced Darren Nightingale. “We’re a Top 10 Lloyd’s contributor with expert broking teams built over 50 years, and while we’ve long been a recognised force in wholesale motor fleet we’re now bringing our market power and experience to bear in supporting UK brokers with our strongest ever proposition.”
Declan Durkan added: “I’m delighted to be leading a strong and experienced team – boosted recently by the appointment of two more business development managers – to assist our retail broking partners in developing new revenue opportunities and supporting them with the placement of both common and complex risks. We’re offering not only our THB UK Risk Solutions teams’ expertise across commercial, property, liability, fleet, and professional and financial classes including cyber liability, but also for the first time we will formally work together with our specialist marine, energy and transportation teams including aviation, all of which cater for UK risks. Plus we’re building a bigger portfolio of schemes and online options making it quicker and easier than ever for our brokers to meet their clients’ needs. We want THB to be our brokers’ first choice for all their UK risks.”