Price Forbes Re now Ardonagh’s reinsurance broker brand. Inver Re & Equinox Re retired

Ardonagh Specialty, the a holding company and growth platform for independent brokers, has rebranded its reinsurance broking units under the Price Forbes Re name, with the Inver Re and Equinox Re brands to be retired.

The company said this is a move that follows on from the simplification of its multiple brands that began in 2023, as Ardonagh Specialty then made Price Forbes the main brand for its wholesale business.

The Inver Re reinsurance broking brand, mainly known in London and Bermuda, and the Equinox Re brand in the US are both being retired from use as a result.

Price Forbes Re aligns the entire wholesale and reinsurance broking businesses of Ardonagh, under a familiar and long-standing brand.

The Price Forbes Re reinsurance broker will be led by Chris Bonard as President of Price Forbes Re, reporting to Ardonagh Specialty CEO, Andrew Wallin.

Andrew Wallin commented, “Price Forbes is renowned for its rich heritage in London, Bermuda, and global marketplace.

“Price Forbes Re will build on more than 100 years of specialist insurance broking by creating a reinsurance specialist business that is energetic, entrepreneurial, progressive, and bold.

“In an increasingly complex world, success in business relies more than ever on effective and strategic risk management and Price Forbes has a reputation for partnering with clients around the world who are looking to understand and balance today’s risk and plan for the future.”

Price Forbes Re President Chris Bonard added, “Our approach breaks from traditional reinsurance models to provide the agility needed in today’s fluid, rapidly changing world.

“As Price Forbes Re we will continue to bring a fresh perspective to a market increasingly lacking flexibility and draw on a rich history of driving innovation in risk management.”

Inver Re was first launched back in 2021 when Ardonagh acquired the Corant Global broking businesses (Ed and Besso) from BGC Partners.

Equinox Re (Equinox Reinsurance Intermediaries) was a US reinsurance affiliated broker brand to Inver Re.

Inver Re has hired and launched multiple specialist teams since its launch, in areas from index-triggers, to parametric risk transfer and capital advisory.