15 February 2021Insurance

Corant Global brings ex-RFIB chief to tap market growth opportunities

Corant Global, the new name for BGC Insurance, has bolstered its senior team with the hiring of former RFIB chief executive  Steven Beard as it looks to capitalise on growth opportunities seen in the market.

Global brokerage and financial technology firm BGC Partners recently launched Corant as its new holding company comprising of its broking operations Ed, Besso, Piiq Risk Partners and Junge as well as MGAs Cooper Gay, Globe Underwriting and Epsilon.

As executive director, Beard will have wide ranging responsibility across the group with functions including finance, operations, IT, infrastructure and digital reporting to him.

Beard has held a number of senior executive roles, most recently CEO of RFIB. Prior to joining RFIB in 2017, he held the role of CEO of Agilisys, an IT and business services company.

Steve Hearn, chief executive of Corant, said: “Steven’s appointment is a clear demonstration of our continued investment in building Corant’s tech-enabled multi-channel platform. He has an established and impressive industry reputation and he will play a significant role in driving change, fostering innovation and enabling sustainable growth for the benefit of our clients and colleagues.”

Andy Wallin, president of Corant, added: “Steven joins at a pivotal moment in Corant’s journey as we look to capitalise on the opportunities we see in the market. Under our new Corant brand, we continue to build an ambitious group focused on transforming risk and on being the home of choice for top insurance talent – demonstrated by our ability to attract exceptional market leaders such as Steven.”

Beard commented: “Working for an entrepreneurially led organisation such as Corant that has a robust focus on investing in technology as well as in top-tier broking talent, is an exciting proposition and where my experience is best served. I look forward to supporting the growth of the group and contributing to its ongoing success.”

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5 May 2021   A veteran of the Bermuda market, he brings over 40 years of industry experience to Corant.
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23 March 2021   He previously led all specialty non-marine classes as managing director at RFIB.
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19 January 2021   Corant will also act as the investment vehicle for any future acquisitions for the group.