Price Forbes lures Beazley property head

Broker Price Forbes & Partners has hired Jonathan Gray, the former head of global property and executive director of Beazley.

Gray will provide strategic consultancy to Equinox Underwriting as it seeks to develop its managing general agency (MGA) ambitions.

He has over 42 years of experience in the Lloyd’s market and during a 23 year tenure at Beazley, he led the open property underwriting team and sat on the board of Beazley Furlonge.

Michael Donegan, chief executive officer of Price Forbes, said: “I am delighted to welcome Jonathan to Price Forbes.

“He brings a wealth of additional experience and market relationships to the existing team, which will further strengthen and enhance our underwriting expertise as we implement our strategy of continued growth and diversification.”

Gray added: “I’m greatly looking forward to working with both Price Forbes and Equinox underwriting, who have a well established reputation across the international insurance markets for providing flexible, innovative, broking and underwriting solutions to niche areas of business. I look forward to playing my part in their continued development as a market leader.”