Price Forbes, a subsidiary of Ardonagh Specialty, has revealed the appointment of Phil Johnson as the chief executive designate for its Asia Pacific operations.
Johnson, currently situated in Singapore, is set to assume the role of CEO at the end of September, pending regulatory approval. In his new capacity, he will spearhead the expansion of Price Forbes’ (re)insurance broking platform across Asia, collaborating closely with the Ardonagh Specialty teams in London, Bermuda, Singapore, and Hong Kong.
This strategic appointment aligns with Ardonagh’s overarching goal of strengthening its presence in the Asian market. Upon Johnson’s transition to CEO, Stephen Britten, the incumbent CEO, will transition to the role of executive chairman of Price Forbes Asia.
Bringing with him a wealth of experience, Johnson joins Price Forbes from Miller Insurance LLP, where he held the positions of head of casualty and chair of the Australasian territorial group. At Miller, he was instrumental in guiding the wholesale strategy for property, casualty, and financial lines. Prior to his tenure at Miller, Johnson pursued a career in politics and received training as a solicitor.
Commenting on the appointment, Stephen Britten expressed his satisfaction, stating, “We are delighted to have Phil join our business. His knowledge and drive in building and scaling broking teams, along with his extensive experience in both wholesale and facultative (re)insurance, will play a pivotal role in driving our ambitious growth targets in the APAC region.”
In addition to Johnson’s appointment, Price Forbes has recently unveiled its foray into the real estate and legal indemnity market, marking a significant expansion of its service offerings.
