Agent & Broker News

Price Forbes names Nicolas Bardon Executive Vice President Bermuda

Image

May 19, 2021 – Price Forbes today announces the appointment of Nicolas Bardon as Executive Vice President, Bermuda. 

Nic brings years of experience as a retro broker and industry loss warranty (ILW) specialist.  His appointment strengthens Price Forbes’ presence in Bermuda and his proven track record of working with clients to deliver solutions broadens Price Forbes’ ability to bring clients bespoke products to fit their needs.

Nic will work closely with Nick Foden-Pattinson, President of Price Forbes Bermuda. 

Nic joins from Bermuda Brokers where he was a producing broker across several product lines and prior to this he was a broker at JLT Re/Guy Carpenter’s Retrocessional Property team.

Nicolas Bardon commented: “I am delighted to join Nick Foden-Pattinson and the broader team at Price Forbes and Ardonagh to expand their client offering. 

“The ILW market has been very active since the beginning of the pandemic over a year ago. Last year’s price increase attracted the traditional markets as well as the start-ups to write ILWs and we anticipate that buyers’ appetite for these products will remain strong at renewal. The reinsurance market, especially in Florida, and the retro market have an impact on ILW prices and the actual outcome suggests some price stabilization and growing trading activity especially in light of the potential increase of natural catastrophe frequency.”

Nick Foden-Pattinson added: "We're delighted to have attracted someone of Nic's expertise and experience to expand the business. Price Forbes Bermuda and the Ardonagh Group is committed to delivering independent placement and advice to clients across the world and Nic's appointment will help us to deliver on our commitment."

Trending
Share this Post:
Posted by IRL Staff

Advertisement

ad ad

Related articles

Patrick Rastiello joins Ardonagh Specialty to lead North America Reinsurance expansion

Ardonagh Specialty has appointed Patrick Rastiello as CEO* of its North American reinsurance operations.   Patrick will be responsible for building Ardonagh Specialty’s US reinsurance...

Global Markets Overview: February 2024

In this Global Markets Overview, we explore our global outlook and share what we think it means for 2024.  https://www.wtwco.com/en-gb/insights/campaigns/global-markets-overview As...

EAMONN CUNNINGHAM WINS RIMS HARRY & DOROTHY GOODELL AWARD

Risk Management Trailblazer Presented with RIMS Highest Honor for Lifetime Achievement in Risk Management  NEW YORK (February 13, 2024) – At the RIMS New Zealand and Pacific Island...

Insurer’s Lease More Than Doubles Its Chicago Office Space

Sompo International Plans Move to 46-Story Tower at 155 N. Wacker A global specialty insurance provider is more than doubling the size of its Chicago office in a move a few blocks north, bucking the trend...

Haynes and Boone, LLP is pleased to announce that Peter A. Halprin has joined the firm as a Partner

Haynes and Boone, LLP is pleased to welcome Insurance Recovery Partner Peter A. Halprin to the firm’s New York City office. A Chambers USA-ranked attorney, Peter joins from Pasich LLP, where...

LIO Specialty Launches Revolutionary Online Portal for Life Science Insurance Solutions

Leading the Excess and Surplus Lines Market with Innovative Coverage for Cannabis and Nutraceutical Industries  West Conshohocken, PA– LIO Specialty Insurance Company proudly announces the launch...