Howden Re announces new executive chair as leader steps down

Howden Re has appointed Elliot Richardson as its new executive chair.

Richardson, who has 37 years of insurance experience, succeeds Rod Fox, who is stepping down and leaving the business.

Richardson steps into the role following a decade at Howden, most recently as vice chair and chair of international at Howden Re.

The broker said he had been “been instrumental in the growth of Howden’s reinsurance arm”.

In his new position, he will work alongside Tim Ronda, Howden Re’s chief executive, and Rob Bredahl, vice chair at Howden Re and chair of Howden Capital Markets and Advisory.

Ronda said: “As we continue to build on our foundation of talent and a truly differentiated client offering, I am delighted that Richardson has taken on this role. I am grateful every day for his counsel and business acumen.

“Howden Re has attracted a deep set of talented and experienced leaders over the past three years and we look forward to continue with industry leading client service and finding new ways to deliver for our clients.”

Richardson added: “I am enormously proud of what we have built at Howden Re and honoured to be executive chair supporting Ronda and all of our colleagues.

“Our culture of collaboration, innovation and investment in talent has enabled us to build a high-performance, high-delivery environment where colleagues are empowered and clients are valued and served. I’m excited for the future.”

Stepping down

Predecessor Fox had been executive chair since the merger of TigerRisk – which he founded in 2008 – with Howden Re in January 2023.

Speaking about him stepping down, Ronda said: “We are grateful to Fox for his vision in establishing TigerRisk and his part in creating the outstanding business we have today.”