Ed bolsters Risk Solutions with senior hire
Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Simon Stovell as Divisional Director for the Risk Solutions team. Stovell begins with immediate effect and will report to Stephen Louden, Managing Director, Risk Solutions.
Stovell brings more than 30 years of industry experience having worked in the Lloyd’s market as both a broker and an underwriter. He joins Ed from Faraday having held the role of Senior Binder Underwriter since 2014. Stovell began his career in 1987 as a broker at Robert Barrow and went on to hold a number of senior roles including Partner in the property fac division of JLT Re and Executive Director of Lonmar in the non-marine division.
Louden said, “Simon’s appointment further reinforces Ed’s market leading capabilities. We are committed to providing clients with the highest level of advocacy, and with our first-class pricing tools and leading expertise we are well positioned to deliver outstanding service. Throughout his impressive career, Simon has accrued extensive experience in the US and international market, making him a great addition to the risk solutions team and well placed to diversify our current offering. I look forward to working with him.”
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Notes to editors
About Ed
Ed is a truly global insurance and reinsurance provider with offices in the world’s key regional and global insurance centres. A leading Lloyd’s broker, it employs some of the best and most experienced people in the industry with expertise in all major lines of business. Ed is thoroughly independent and committed to being so.
Ed is part of the BGC Insurance Group.
Media contacts:
Peter Rigby/Caroline Klein/Hannah Stewart
Haggie Partners
Tel +44 (0)20 7562 4444
About BGC Insurance Group
BGC Insurance Group is building a market-defining, global risk distribution group. Completely independent, it provides expertise, efficient technology, and customer focus. Under its specialist brands – Ed, Besso, Junge and Cooper Gay France – the Group provides global wholesale specialty insurance and reinsurance broking solutions. The Group’s underwriting operations – Epsilon, Globe Underwriting and Cooper Gay France – provide specialist insurance products and services in the UK, France and Australia. BGC Insurance Group is the insurance division of BGC Partners, a leading global brokerage and financial technology company.
Media contacts:
Peter Rigby/Caroline Klein/Hannah Stewart
Haggie Partners
Tel +44 (0)20 7562 4444
About BGC Partners, Inc.
BGC Partners is a leading global brokerage and financial technology company. BGC’s offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc. and/or its affiliates.
BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC’s Class A common stock trades on the NASDAQ Global Select Market under the ticker symbol “BGCP”. BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Statements set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Statements contained in subsequent Forms 10-K, Forms 10-Q or Forms 8-K.
Media Contacts:
Harjeet Singh
+44207894 8829