RFIB holding reveals new chief financial officer

The holding company of RFIB Group, a re/insurance broker at Lloyd's, and  Limehouse Agencies has appointed Steven Beard as its chief financial officer (CFO).

Beard will also become CEO of a newly-created services company, George Yard Services (GYS). He will take up his new roles on Dec. 4, 2017 and will spearhead the launch of GYS.

Beard was most recently the group chief executive of Agilisys, a leading technology and professional services company. He joined Agilisys from Xchanging, where he held a number of senior positions at both the company’s UK and US operations. He has also served as CFO of UK based venture capital business Redwave. He began his career working for a series of Lloyd’s Managing Agents including Navigators, Brockbank and XL Capital.

GYS will be a specialist central service company, created to provide back office support to RFIB and Limehouse, the company said. Its functions will include finance, risk, compliance, HR, IT and company secretariat. It will initially comprise RFIB employees who will transfer to GYS.

Dennis Mahoney, RFIB CEO said: "Steven is a landmark appointment for our business. He brings an exceptional track record to our CFO function and is the ideal candidate to launch and build our new central services business. Steven has pioneered the use of new technologies throughout his career and this approach will be central to GYS and across the RFIB and Limehouse businesses. GYS will be a key pillar in our business portfolio. It will enable our broking and underwriting teams to focus on what they do best and will ensure we continue to attract leading talent who share our independent, client focused approach."

Beard added: "Limehouse is being established based on similar principles. GYS will support and enhance both - it will be a centre of excellence for services that will support RFIB on its growth trajectory and Limehouse as it builds a market leading position. I look forward to working with Dennis and the team to support and drive growth across the Group."

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