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17 February 2023Insurance

Brown & Brown appoints former Willis Towers Watson director

US insurance brokerage  Brown & Brown has appointed a former director of Willis Towers Watson to its board.

Jaymin Patel, executive chairman of Perennial Climate, has joined Brown & Brown’s board of directors.

Patel has served in various executive and financial leadership roles. He was chief executive officer and director of Brightstar Corporation, a global wireless device services company backed by Softbank. Previously, he was president and chief executive officer of GTECH Corporation, and senior vice president and chief financial officer of the publicly traded GTECH Holdings Corporation.

Since March 2019, Patel has served as the executive chairman of Perennial Climate, a platform measuring, reporting, and verifying soil-based carbon removal and climate-smart agriculture.

Patel currently serves as a director and audit committee member of Bally’s Corporation and SpartanNash Company. He also sits on the boards of directors of several private companies, including Win Systems and Rip Van, and is the chairman of the board of the Community College of Rhode Island Foundation.

Patel previously served as a director of Willis Towers Watson and as director, president and chief financial officer of Clarim Acquisition Corp, a special-purpose acquisition company.

H. Palmer Proctor, Jr., Brown & Brown’s lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown’s board of directors, said: “Jaymin has a proven history of leading companies and serving on a variety of boards of privately held and publicly traded companies. His extensive background operating businesses in regulated industries, combined with his unique combination of international experience, insurance knowledge and financial acumen, makes him a fantastic addition to our board of directors.”

J. Powell Brown, Brown & Brown’s chief executive officer and a member of the board, commented: “Brown & Brown will benefit tremendously from Jaymin’s leadership as we pursue our mission as A Forever Company to deliver long-term value to our shareholders. Jaymin brings significant knowledge and diverse experience across multiple industries, and we are extremely pleased to welcome him to our team.”

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