PIB Insurance Brokers (PIB), one of the fastest growing insurance brokers in the UK, today announced the appointment of a new Group Chief Financial Officer, Ryan Brown. Brown joins PIB from Towergate Insurance and will be reporting directly to PIB CEO, Brendan McManus. Specifically, Brown will be tasked with supporting PIB’s growth by working with McManus to drive the execution of PIB Insurance’s acquisitions.
Brown is an experienced insurance professional having previously worked at Towergate Insurance, where he served as the Finance Director of Towergate Underwriting and the Group M&A Director. As Finance Director he was responsible for all financial aspects of divisional strategy, and financial planning and reporting. As Group M&A Director, Brown led the Group’s acquisition and disposal of a number of businesses.
Prior to joining Towergate Insurance, Brown spent 15 years in investment banking with a specialized focus on the insurance sector. He served as Executive Vice President and Head of European Investment Banking at Keefe Bruyette & Woods. Prior to that, he served as Managing Director of Fox-Pitt, Kelton, which was ultimately acquired by Macquarie.
Brendan McManus, the CEO of PIB said: “Bringing Ryan on board is a very exciting milestone for PIB Insurance. He forms a key part of the management team we are assembling and brings a wealth of valuable sector insight to our operation both from his experience as a banker and his deep M&A expertise. We are confident that he will play an integral role in growing our business, particularly as we look to become a major consolidator of insurance distribution businesses.”