MNK Re expands with key appointment

MNK Re, an independent broker specialising in worldwide risks, has announced an addition to its leadership team. The company appointed Simon Ashby as executive managing director and global chief commercial officer.

Simon Ashby’s experience

Simon Ashby brings nearly four decades of experience in the insurance and reinsurance sectors to MNK Re. His career includes senior management roles in both broking and underwriting. He spent over ten years in Bermuda as managing director of Marsh FINPRO Bermuda. MNK Re expects Ashby’s experience to be an asset as it expands its global operations, particularly in North America.

In London, Ashby served as managing director and CUO of Gulf Insurance Company UK Ltd, part of the Travelers Group, and CEO of Willis Global Solutions International. Most recently, he was the co-founder and Active Underwriter of Verto Lloyds Syndicate 2689.

Driving growth at MNK Re

In his new role at MNK Re, Ashby will be responsible for spearheading various projects and revenue growth initiatives. His task will be to drive the company’s expansion across the globe, leveraging his extensive network and industry experience.

Manoj Kumar, CEO and managing director of MNK Group, expressed his confidence in Ashby’s appointment, stating:

“Given Simon’s deep experience in both underwriting and broking across a range of business lines, he is the perfect fit for this new role. With his global network of contacts ranging from insurers and underwriters to clients, brokers and agents, Simon will be able to use his existing relationships to help us expand our global reach. I look forward to working with him on new initiatives to meet our growth ambitions in the years ahead.”

A vision for the future

Simon Ashby shared his enthusiasm for joining MNK Re and his vision for the future:

“MNK Re’s expertise in a variety of business classes combined with its focus on providing bespoke and innovative solutions to traditional and emerging risks make it well-placed for rapid growth. The entrepreneurial culture at MNK Re is clear, and Manoj and the team have ambitious ideas and a vision for the future. With the business already providing insurance solutions in over 80 countries, I am delighted to be joining this global team as it continues to expand its presence across the world.”

Image: Provided by Luther.

Emma Cockings Emma is a content editor for Claims Media. Emma is a experienced writer with a background in client-centric personal injury for a major firm. She has attended and reported on multiple brokerage events throughout her career.