17 September 2019Insurance

Ed bolsters risk solutions with senior hire from Faraday

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.

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. He has previously worked at in the property fac division of JLT Re, executive director of Lonmar in the non-marine division, and as a broker at Robert Barrow.

Stovell will report to Stephen Louden, managing director, risk solutions.

"Simon’s appointment further reinforces Ed’s market leading capabilities," said Louden. "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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More on this story

11 September 2019   Broker Ed is making good progress in its aim of becoming a billion-dollar business and it thinks its new ownership will give it a boost towards achieving this.
3 October 2019   Richard Laird has joined Ed Risk Solutions as a divisional director in its Risk Solutions division, moving from Price Forbes Risk Solutions.
12 November 2019   The newly created role will report to Chris Bonard