Integro Announces Beard Is Stepping Down as CEO of Specialist Broker RFIB

Integro Insurance Brokers Holdings Ltd., the parent of UK-based firm Risk Transfer Group (RTG), which trades under the RFIB brand, announced that Steven Beard, CEO of RFIB will be stepping down, effective immediately.

On Jan. 1, 2020, Integro completed its acquisition of RTG, the privately-owned principal parent company of RFIB, an independent specialist Lloyd’s broker.

Until the integration with Tysers is completed, an interim management committee comprising Morna Leather, finance director; Chris Tansley, chairman of Marine, and Kevin Stratton, managing director of Specialty, will lead the day-to-day operation of the business reporting to the Tysers Management Committee.

“I have valued greatly the opportunity to lead the business through its last phase of development and have enjoyed sharing this success with a team that cares passionately about ‘doing the right thing’. Stepping down as CEO and leaving a business is never an easy decision to take, but timing is everything, and now feels right,” commented Steven Beard.

Jason Collins, co-head of Tysers Broking, said: “Steven exercised his position with diligence and focus and we have appreciated his partnership in the acquisition and integration planning.”

Integro Insurance Brokers Holdings Ltd. is the parent of UK-based firm Integro Insurance Brokers Ltd., which trades under the Tysers brand.

Source: Integro Insurance Brokers Holdings Ltd.