Inver Reinsurance Brokers (Inver Re) is arriving soon.
Without outlining details of the “upcoming” launch, insurance distribution platform The Ardonagh Group said it would be unveiling the new reinsurance broker as a “credible alternative” in the market. “Inver” is derived from the Gaelic word for estuary (where a river flows into the sea) and, according to Ardonagh’s announcement, represents the meeting of humble beginnings and new possibilities.
“There has never been a better moment to launch an independent reinsurance broker in the market,” said Ardonagh group chief executive David Ross. “The collective experience and relationships of the newly enlarged group, combined with rigorous analytical abilities and global approach, will provide insurers with a trusted, independent choice.”
Speaking about the timing, Ross referred to Ardonagh’s recent move to snap up the insurance operations of BGC Partners. (More on that here.)
“We’re incredibly excited to build a credible alternative in a market where choice and flexibility are increasingly hard to come by,” added the CEO about Inver Re. “We are committed to building a home for the very best talent in the market and building an offering focussed on taking the time to understand every nuance of our clients’ objectives and will ensure their goals are met.
“We look forward to welcoming experienced professionals looking to grow, develop, and build their legacies within an entrepreneurial, independent platform, and leveraging the strong foundations and track record of the group to build a reinsurance business of scale and relevance.”
