Lloyd’s Insurance Broker Bishopsgate today announces the appointment of Gordon Newman as Executive Chairman with effect from 04th July 2017.
Gordon was most recently CEO of Cooper Gay's London operation, CGNMB LLP, having taken on the role in November 2013. This followed the sale of Newman Martin Buchan to Cooper Gay, recently rebranded Ed, of which Gordon was the founding Executive Chairman.
Prior to that Gordon was Managing Director of Seascope Insurance Holdings and an Executive Director of Willis Faber and Bland Welch.
Commenting on the appointment today, CEO of Towergate David Ross:
“Gordon is a hugely significant hire for Bishopsgate, given their growing foothold in the London Market. He is a veteran of some 50 years in this arena; a man of exceptional pedigree with an unrivalled track record. His arrival at Bishopsgate is a fantastic endorsement of our ambition and his expertise with clients and producers will be a wonderful addition to the business.”
Neil Pearce, Managing Director of Bishopsgate added:
“The addition of Gordon to the team further underlines our strategic intent and marks a milestone in the ongoing transformation of the business. He is a much admired and well known market stalwart and without doubt, his presence will ensure that we keep attracting the very best talent.”
Gordon Newman said:
“Consolidation in the London Market over recent years has resulted in clients and wholesale producers having a more limited choice. There is now an opportunity to buck the trend and address a real gap in the market, with a focus on customer centric, bespoke service. Bishopsgate is perfectly positioned to lead this charge and I have been hugely impressed by the ambition and vision of the team. I am personally very much looking forward to working with both David and Neil, and to helping Bishopsgate establish itself as a major independent player in the London Market.”