THB bolsters UK Risk Solutions leadership and broking strategy

Specialist re/insurance broker THB has announced new leadership and a new multi-sector strategy for THB UK Risk Solutions, its wholesale broking operation which places UK risks on behalf of brokers.

Declan Durkan, who joined THB in 2017 following senior roles at JLT, Marsh and Arthur J Gallagher, has been appointed managing director of THB UK Risk Solutions. He will report directly to Darren Nightingale, CEO of THB MET, which encompasses the Lloyd’s broker’s marine, energy & transportation divisions.

The move signals the group’s renewed focus on supporting UK retail brokers, THB said.

“Appointing a managing director dedicated solely to promoting all our UK classes is a first for THB and demonstrates our commitment to providing meaningful support to Britain’s retail brokers,” said Nightingale. “We’re a Top 10 Lloyd’s contributor with expert broking teams built over 50 years, and while we’ve long been a recognised force in wholesale motor fleet we’re now bringing our market power and experience to bear in supporting UK brokers with our strongest ever proposition.”

Durkan added: “I’m delighted to be leading a strong and experienced team – boosted recently by the appointment of two more business development managers – to assist our retail broking partners in developing new revenue opportunities and supporting them with the placement of both common and complex risks.

"We’re offering not only our THB UK Risk Solutions teams’ expertise across commercial, property, liability, fleet, and professional and financial classes including cyber liability, but also for the first time we will formally work together with our specialist marine, energy and transportation teams including aviation, all of which cater for UK risks.

"Plus we’re building a bigger portfolio of schemes and online options making it quicker and easier than ever for our brokers to meet their clients’ needs. We want THB to be our brokers’ first choice for all their UK risks,” Durkan said.