’As we enter the next stage of our growth journey, it’s critical that we have the right people to drive forward the business,’ says co-founder
PIB Group-owned MGA Acquinex has appointed Josh Cowen as its new chief executive.
In his new role, Cowen will be responsible for the day-to-day running of the business and report directly into PIB Group’s specialty business.
He joins the financial specialist from Chubb, where he was senior vice president of international transactional risk. His experience in the insurance and MGA sector has also seen him hold roles at Aviva, AIG and Fusion Specialty.
Cowen said: “As the M&A market continues to evolve, the need for accessible transactional risk and specialty insurance products is more important than ever before.
“There’s never been a more exciting time to join Acquinex as the business looks towards its next phase of growth, product offerings and global expansion.
“Acquinex has consistently demonstrated best-in-class service for its target market along with market-leading innovation – this is why it boasts such impressive client, broker and capital relationships. I’m excited for everything that the future holds.”
Other moves
The move comes as Acquinex co-founders Chris Jackson and Chris Thompson move into new roles within PIB Group.
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Jackson will be in charge of PIB Group’s specialty MGA strategy, with the role seeing him focus on the company’s growth strategy into broader specialty markets.
And Thompson will assume a head of product development role within PIB Group’s wider MGA businesses.
Meanwhile, it was also announced that Acquinex has appointed Henry Pearson as head of UK for W&I and Matthew Andrews as head of title.
Jackson said: “As we enter the next stage of our growth journey, it’s critical that we have the right people to drive forward the business. We’ve invested heavily into our senior team this year and we’re already seeing the appointments of Pearson and Andrews paying dividends.
“Cowen joining as chief executive is a huge win for Acquinex and our clients. He has a proven track record working for international teams in large-scale companies and I look forward to working alongside him as he leads and scales the core business.”
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