Beach poaches former Integro leaders to head new specialty platform
Re/insurance broking and advisory firm Beach has created a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys.
Both the executives previously held joint leadership roles at Integro UK for over a decade, with Humphreys serving as chairman and Sutton as president of international operations. They joined Integro through the firm’s 2005 acquisition of Humphreys Haggas Sutton and Company (HHS), of which they were founders and directors, alongside Simon Haggas.
Haggas will also join Beach alongside Sutton and Humphreys, reporting to Beach Specialty CEO Shane Doyle.
“Beach is evolving rapidly as we continue building a world-class reinsurance and specialty platform,” said Beach CEO Grahame Millwater. “We are now committed to developing a London-based wholesale operation within Beach, which will have a broad insurance and specialty focus. We are delighted that John, Toby and Simon, a seasoned management team with a proven track record in building and expanding independent wholesale broker operations, will be joining us to lead this effort.”
Sutton commented: “We have been flattered by a number of attractive options from broking firms and potential investors in the last year, but the opportunity presented by Beach is unique and impossible to pass up. Beach has a peerless reputation as a privately owned broking and advisory firm and their ambitions to further evolve in our particular areas of expertise present a tremendous opportunity.”
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