Ed, the global reinsurance, wholesale and specialty broker, today announces the appointment of Simon Stovell as Divisional Director for the Risk Solutions team. Stovell begins with immediate effect and will report to Stephen Louden, Managing Director, Risk Solutions.
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. Stovell began his career in 1987 as a broker at Robert Barrow and went on to hold a number of senior roles including Partner in the property fac division of JLT Re and Executive Director of Lonmar in the non-marine division.
Louden said, “Simon’s appointment further reinforces Ed’s market leading capabilities. 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.”
For all media enquiries, please contact Peter Rigby, Caroline Klein or Hannah Stewart at Haggie Partners on +44 (0)20 7562 4444.
Ed is owned by BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.