Price Forbes Re has announced the appointment of Brian Cole as executive vice president and head of financial lines, signaling the company’s commitment to growing its presence in the US market.
Cole, who will be based in Boston, will spearhead the development of Price Forbes Re’s financial lines practice. He will work closely with North America CEO Patrick Rastiello, who joined the firm earlier this year.
Bringing over 30 years of reinsurance industry experience, Cole has previously held several senior roles, including executive vice president at Gallagher Re (formerly Willis Re), head of casualty at Lockton Re, and head of D&O at Guy Carpenter.
Discussing his move to Price Forbes Re, Cole stated that after spending most of his career at major reinsurance brokerage firms, he was drawn to a new approach.
This announcement follows the recent addition of Oliver Waterhouse, who joined as head of property facultative last month. Waterhouse will be based in the company’s London office, reporting directly to Nikki Melbourne, head of facultative. He will lead the property facultative division, a strategic area of growth for Price Forbes Re as it strengthens its facultative reinsurance capabilities.
These key appointments underline Price Forbes Re’s ongoing efforts to enhance its expertise and services as it continues to expand globally.
