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5 September 2023 Insurance

Ardonagh’s Price Forbes poaches Miller private client co-founder for new venture

Global specialty insurance broker  Price Forbes, part of the Ardonagh Group of companies, has tapped the co-founder of Miller’s private client business who has more than two decades of expertise in the sector, having previously led and developed the practice at Aon and Howden. He is tasked with launching a new offering at Price Forbes.

Nick Gavin-Powell (pictured) has been appointed to lead a new private client team at Price Forbes.

Gavin-Powell will lead a team of experts that will develop products and solutions for international clients looking to protect high-value personal assets – from fine art, diamonds and jewellery to cars and homes.

He most recently co-founded Miller’s private client business, and prior to that was head of private clients for Aon. Before that he was divisional director at RKH/Howden, co-founding the Howden Private Office business for ultra-high-net worth individuals and families.

The role reports into Jonathan Clark, CEO of fine art, jewellery & specie at Price Forbes.

Clark commented: “We are very excited to add private client capability to our offering, and absolutely delighted to have Nick head up the team. He has a proven track record within the private client arena both leading existing teams as well as establishing and growing new ventures. Alongside his excellent connections and a strong reputation in the sector, it makes him the perfect hire.

“With the recent integration of our Fine Art, Jewellery & Specie teams under the Price Forbes banner, our existing team of nearly 40 specialists already offers best-in-class solutions to our clients across the world - and with the products and services Nick is developing we can now offer even more added value to the suite of services we provide.”

Gavin-Powell said: “Price Forbes growth journey and entrepreneurial spirit is incredibly compelling. Joining the company at such an exciting time - to launch a brand new offering that’s so complementary to its existing capabilities - was just too good an opportunity to pass up.

“I’m looking forward to meeting new colleagues, understanding the business capabilities within Price Forbes and across Ardonagh Specialty, and expanding what we can do to capitalize on the opportunities in the current landscape.

“International clients and retailers need access to new solutions to help protect high-value personal assets. With a lot of business now coming into London due to local capacity issues, our new offering will help clients find the most appropriate solutions quickly, effectively - and competitively.”

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