R K Harrison Holdings Limited (“R K Harrison” or “the Group”) is pleased to announce the formation of Bowood Insurance Brokers Limited with effect from 1st October 2009, which will operate as the Group’s specialist delegated authority broker, subject to certain regulatory approvals.
Because of Bowood’s leading market position in specialist non-marine programmes, and in order to benefit from the excellent reputation associated with the name, the Bowood brand will be retained and will operate as a specialist company within the Group. Bowood Insurance Brokers Limited will handle a worldwide, multi-disciplined delegated authority portfolio including catastrophe and non-catastrophe classes, commercial and personal lines.
Stephen Greener, (previously Managing Director of Bowood Partners Limited Non-Marine Division,) has been appointed Managing Director of Bowood Insurance Brokers Limited with day-to-day responsibility for the company.
Paul Bridgwater, Chief Executive Officer of R K Harrison said:
“Today R K Harrison is made up of a broad base of specialist disciplines, operating within distinctly branded businesses. These businesses employ outstanding talent committed to providing our clients and underwriting partners with the highest standards of professional service.
“Bowood has a great reputation as a quality independent business, a brand that we intend to maintain and build on in the delegated authority field. I am confident that Stephen Greener, as Managing Director, will continue to drive the worldwide development of our programme business.”
