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Reinsurance broker hires former Willis Towers Watson execs


London-based reinsurance and specialty broker Ed on Tuesday said it is expanding its professional and executive risks team with four former Willis Towers Watson P.L.C. executives.

A fifth executive who was formerly with BMS Group Ltd. has also joined the team.

The new team will join Ed’s established professional risk offering led by Mark Lowndes, Ed said in a statement.

Paul Richards has been named managing director. He most recently led sales development for Willis Towers Watson’s FINEX division.

James Baird joins as a director from Willis Towers Watson, where he served as executive director of FINEX, most recently leading their specialist wealth and asset manager and offshore financial services team, providing solutions direct to customers and to US financial institutions.

Neal Hughes joins as divisional director. He previously served as a divisional director of Willis Towers Watson’s FINEX division and specialized in the servicing and placement of U.K. and offshore financial institution and professional clients.

Rupert Alabaster, divisional director, joins from BMS Group, where, as group director for professional and financial services he led a team focusing on delegated authority business for specialty lines.

James Faith, producer and broker, joins from Willis Towers Watson, where he served as a divisional director focusing on servicing financial institutions and professional clients in the FINEX division. 

All the executives are based in London.