Revolutionizing Reinsurance: Price Forbes Re Launches as Ardonagh Specialty’s Main Brand for Wholesale Business

Ardonagh Specialty Renames Reinsurance Division to ‘Price Forbes Re’

Inver Re, launched in June 2021, was created by bringing together multiple teams following the acquisition of BGC’s insurance business in November 2021. The company has expanded its operations across Bermuda, the US, and London, growing to become the largest independent broker in Bermuda. Now, as part of Ardonagh Specialty’s efforts to simplify its multiple brands in 2023, Inver Re will operate under the Price Forbes Re name.

Price Forbes Re is being established as the main brand for Ardonagh Specialty’s wholesale business. The company aims to build on over 100 years of specialist insurance broking by creating a reinsurance specialist business that is energetic, entrepreneurial, progressive, and bold. Chris Bonard has been appointed as the president of Price Forbes Re, reporting to Ardonagh Specialty CEO Andrew Wallin, pending regulatory approval.

According to Wallin, Price Forbes Re plans to break from traditional reinsurance models and provide the agility needed in today’s rapidly changing world. The company will focus on effective and strategic risk management, partnering with clients globally to understand and balance current risks and plan for the future. Drawing on a history of driving innovation in risk management, Price Forbes Re is set to revolutionize the reinsurance industry.

Ardonagh Specialty serves as a holding company and growth platform for independent brokers in the wholesale, specialty

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