16 July 2020Insurance

Hyperion X picks new CEO as Rugge-Price becomes Howden chair in leadership reshuffle

Independent insurance broker Howden Broking Group has appointed Barnaby Rugge-Price as new chairman as part of the company's leadership restructure following its merger with RKH Specialty, which will take effect in October 2020.

Rugge-Price returns to the helm of the broking business from his recent position as CEO of Hyperion X and will retain his role as executive chair of Hyperion X.

Hyperion X, the group’s data and analytics arm, has appointed Paul Johnston as its new CEO.

The company said that the consolidated platform and unified management team, led by Howden CEO José Manuel González and supported by Chair Barnaby Rugge-Price, represents a "new era for the broking group".

“This represents the ultimate affirmation of the rationale to bring together the RKH and Howden businesses into one group and now formally merge them into one company aligned behind one strong leadership team," said Rugge-Price. "I am excited to move back into the heart of the broking business with my Hyperion X experience, as we continue to re-evaluate ourselves to better service our clients. Howden’s entrepreneurial culture, which empowers employees to develop innovative and creative client solutions, along with our People First approach continues to attract the top talent in the market and will power our growth. My role in supporting José Manuel underlines our joint commitment to building out a world-class platform and to embedding data and analytics into the business to deliver client solutions even more effectively.”

González commented: “I am delighted to welcome Barnaby as Chair of Howden Broking Group. His experience and track record in building RKH and latterly Hyperion X is testament to his expertise, entrepreneurial mind set and leadership capability. These skills will strengthen our ability to take Howden Broking Group forward as we embark on the next phase of our ambitious growth plans. As always, change is the only constant in Howden and the wider world, but we’re confidently in the right company, in the right industry, and at the right time. Together, Barnaby and I will make a formidable team!”

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