RFIB Group Limited, the international Lloyd’s insurance and reinsurance broker, today announces the launch of its Transaction Solutions business with the appointment of James Wilson as Head of Transactions Solutions. Wilson takes up his new role with immediate effect and will report to Paul Chilton, Chief Operating Officer.
The Transactions Solutions division will provide insurance solutions that address liabilities incurred in the M&A process, which support and help facilitate transactions across a range of industry sectors.
These insurance solutions include:
- Warranty and Indemnity (W&I)
- Specific Tax Liability
- Specific Contingent Liability
Wilson brings over 12 years’ experience in Transaction Insurance to his new role and will be tasked with the launch and build of the new team. He joins from Protean Risk where he served as Head of Transactions Solutions. Prior to this, he held the role of Head of Transactional Insurance & Financial Lines Senior Underwriter at Aspen Insurance.
Dennis Mahoney, CEO of RFIB said: “Central to our growth strategy is the development of specialty propositions where expertise, client understanding and in-depth product knowledge act as the differentiator. The Transaction Insurance sector has undergone phenomenal growth in recent years and there is a clear opportunity for an independent intermediary to provide a bespoke client focused service. James is the ideal candidate to launch our Transactions Solutions business and I am very pleased to welcome him to the team.”