DAYTONA BEACH, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Bridge Specialty Group,
the Wholesale Brokerage segment of Brown & Brown, Inc. (NYSE: BRO), announced
that Tim Coles has been named chief executive officer (CEO) for the European
brokerage operations of Bridge Specialty Group, effective January 1, 2024.
Most recently, he served as CEO of Xenia Broking Group, part of Kentro Capital
Limited, which was acquired in October 2023. Tim began his insurance career at
Howden, where he served for 13 years, first as CEO of the London broking
business and then as CEO of Howden Broking Group.
Stephen M. Boyd, president of Bridge Specialty Group, shared, "Over the last few
years, we have been diligently enhancing our London brokerage capabilities. The
acquisitions of Lonmar and BdB, in addition to our longstanding London brokerage
firm Decus, have provided Bridge Specialty Group with an increasingly diverse
set of capabilities in terms of segment specialization and geographic reach to
better serve the evolving needs of our customers. We are excited to announce
Tim's promotion to CEO of Bridge Specialty's European brokerage operations. He
will work closely with existing leaders across our London brokerage business to
further grow our platform while providing additional market access and products
for customers across the globe."
Commenting on this appointment, Mike Bruce, chief executive officer of Brown &
Brown Europe, said, "We are delighted that Tim is taking on this newly created
role, as he combines the experience of operating within the London Market with a
proven track record of leadership and delivering business growth. Our London
brokerages provide complementary resources across a number of risk categories by
combining the abilities of a superbly talented group of colleagues and
teammates.
David Pexton, currently CEO of Lonmar, will take this opportunity to step away
from his executive responsibilities, transitioning to a new role in supporting
Tim and the combined operation during this transition and focusing on key
customer and market relationships."
About Bridge Specialty Group
Bridge Specialty Group, LLC was launched in February 2021 by Brown & Brown, Inc.
to encompass its broad portfolio of wholesale insurance businesses and is
focused on bringing the power of collective size and specialty to the wholesale
brokerage marketplace. Composed of more than 25 boutique brands, Bridge
Specialty Group is creating a more seamless way to connect the varying needs of
our retail partners with the market clout and talents of our wholesale entities.
To learn more about Bridge Specialty Group and our team of niche-focused brands,
visit our website at bridgespecialtygroup.com
(https://bridgespecialtygroup.com/).
About Brown & Brown, Inc.
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm,
delivering risk management solutions to individuals and businesses since 1939.
With 16,000+ teammates in approximately 500 locations worldwide, we are
committed to providing innovative strategies to help protect what our customers
value most. For more information or to find an office near you, please visit
bbinsurance.com (https://www.bbinsurance.com/).
For more information:

  * U.S. Press Inquiries - Steve Boyd, President, Bridge Specialty Group;
    +1 760 710 6865
  * U.K. Press Inquiries - Ben Welsh; 07568 382040

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