Specialist insurance and reinsurance broker THB has promoted industry veteran Declan Durkan as managing director of THB UK Risk Solutions. In his new role, Durkan will be responsible for promoting all of the firm’s UK classes to brokers.
He will report directly to Darren Nightingale, CEO of THB MET (which encompasses the Lloyd’s broker’s marine, energy & transportation divisions). Nightingale said the appointment demonstrates the firm’s commitment to providing meaningful support to Britain’s retail brokers.
Durkan joined THB in 2017 after senior roles at JLT, Marsh, and Arthur J Gallagher.
“I’m delighted to be leading a strong and experienced team – boosted recently by the appointment of two more business development managers – to assist our retail broking partners in developing new revenue opportunities and supporting them with the placement of both common and complex risks,” said Durkan.
He also revealed that the firm will, for the first time, formally work with its specialist marine, energy and transportation teams including aviation, all of which cater for UK risks.
“Plus we’re building a bigger portfolio of schemes and online options making it quicker and easier than ever for our brokers to meet their clients’ needs,” he said. “We want THB to be our brokers’ first choice for all their UK risks.”
