Price Forbes announces new chief executive designate for APAC

He will collaborate closely with Ardonagh's specialty teams across several regions

Price Forbes announces new chief executive designate for APAC

Insurance News

By Kenneth Araullo

Ardonagh Specialty-owned Price Forbes has announced the appointment of Phil Johnson as the chief executive designate of its Asia Pacific operations.

Johnson, currently based in Singapore, will be taking over as CEO at the end of September, following regulatory approval. In this role, he will be responsible for expanding Price Forbes’ (re)insurance broking platform across Asia, working closely with the Ardonagh Specialty teams in London, Bermuda, Singapore, and Hong Kong.

This appointment is part of Ardonagh’s broader strategy to extend its reach in the Asian market. Upon Johnson's transition to CEO, Stephen Britten, the current CEO, will become the executive chairman of Price Forbes Asia.

Johnson joins Price Forbes from Miller Insurance LLP, where he served as head of casualty and chair of the Australasian territorial group. His responsibilities at Miller included overseeing the wholesale strategy for property, casualty, and financial lines. Before his tenure at Miller, Johnson worked in politics and was trained as a solicitor.

“We are delighted to have Phil join our business,” Britten said. “His knowledge and drive in building and scaling broking teams and his experience in both wholesale and facultative (re)insurance will be key to fuel our ambitious growth targets in the APAC region.”

In other recent developments, Price Forbes has also announced its entry into the real estate and legal indemnity market, marking a significant expansion of its services.

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