Price Forbes Singapore has announced the appointment of Craig McCoig-Lees as the new head of casualty Managing General Agent (MGA). McCoig-Lees, who brings over 30 years of industry experience, will report directly to Bruce Ford, Chief Commercial Officer of Reinsurance & Wholesale. His role will focus on expanding Price Forbes Re’s MGA proposition by providing third-party MGAs with access to capacity, underwriting expertise, and strategic growth solutions.
McCoig-Lees previously served as the head of casualty MGA at Howden Re and has held senior positions at Lockton International and JLT Re. Having been based in Singapore for the past 13 years, he is well-acquainted with the region’s market dynamics. Bruce Ford commented on the appointment, stating, “We have identified a real opportunity in the MGA space, with growth accelerating globally as new hubs emerge and regulation continues to evolve. Craig brings a track record of building businesses and is well placed to help us achieve our goal of being the go-to broker for MGA business in the region.”
Expressing his enthusiasm for the new role, McCoig-Lees said, “The ambition of Price Forbes in the MGA space is crystal clear and that is what drew me to the role. I’m looking forward to working with colleagues across the region, and the wider Ardonagh Group, to build out our presence and to help clients access the distribution and agility that MGAs can offer in today’s market.”
Price Forbes is the largest independent speciality broker in the London Market, managing over $7m in gross written premium. The company is part of The Ardonagh Group, a leading global insurance distribution platform.
