THB reveals leadership transition in European division

Specialist re/insurance broker THB has revealed key leadership changes at its European division based in Amsterdam.

Paul Lindeboom, co-managing director of the division, will retire from his post on July 31. Ricardo Borges, director at THB, will transition into the role of managing director of the business, subject to regulatory approval.

Joaquim Caria, who has led the division along with Lindeboom since 1994, will step down as executive director but will remain with the division working on special projects and to facilitate a smooth transfer of responsibility to Borges.

Borges first joined THB in 2005, serving as a reinsurance broker until 2010. Following a year as executive director at Willis Fac and two years as vice president at GC Fac, Borges returned to THB in 2013, since when he has been a director.

Lindeboom joined PWS International in 1994. THB acquired PWS in 2008.

Frank Murphy, THB of CEO, commented: “Paul’s years of service with THB have been nothing short of exceptional, and I hope he is looking forward to a deserved retirement. He and Joaquim have presided over some market-beating growth for our business, identifying strategic opportunities and leading our long-term expansion. He will be very pleased that, in Ricardo, we have a replacement of such calibre.”

Borges said: “Knowing the team, we have plenty of opportunities to continue to grow on the successful path that Paul and Joaquim have charted. With the stable financial backing of THB and AmWINS behind us, I look forward to taking our business to the next level.”

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