Insurance brokerage firm, Brown & Brown has announced the appointment of Stephen P. Hearn to its board of directors.

H. Palmer Proctor, Jr., Brown & Brown’s lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown’s board of directors, said: “Steve has established himself as a fixture in the London insurance marketplace, having grown and led several successful international businesses during his impressive, 35-year career.

“We remain focused on finding the highest quality directors to help guide our strategy and believe Steve brings the right combination of experience and skills to support our continued growth.”

An insurance industry veteran, Hearn began his insurance career in 1989, most recently as chief executive officer of Inver Re, the Ardonagh Group’s dedicated reinsurance broking unit, a role he held from November 2021 until July 2024.

He was also chief executive officer of Ardonagh Capital Solutions Holdings, The Ardonagh Group’s holding company for its reinsurance broking, captives and MGA businesses, from November September 2022 until July 2024.

From May 2023 to July 2024, he served as a director of Ardonagh International. Hearn had joined the company in 2021 as chief executive officer of Ardonagh Specialty Holdings Limited, a role he held until September 2022.

Prior to The Ardonagh Group, Hearn served as chief executive officer of Corant Global, a subsidiary of BGC Partners, Inc. (BGC), from February 2019 until the sale of BGC’s insurance brokerage division to The Ardonagh Group in November 2021.

And as the chief executive officer of Ed Broking Group Limited from 2015 until its acquisition by BGC in February 2019.

Through his career, Hearn has also held roles with Willis Group Holdings plc and its businesses, including Willis Re and Willis Limited.

Prior to that, he held senior leadership positions with Hilb, Rogal & Hobbs; Glencairn Limited; Marsh Affinity Europe & Middle East; Marsh Affinity UK and Sedgwick Affinity Group Services.

Commenting on Hearn’s new appointment, J. Powell Brown, Brown & Brown’s chief executive officer and a board member, said, “A visionary and effective leader, Steve has a proven track record of leveraging technology and talent to create long-term growth opportunities in the international insurance space.

“We are excited to leverage his exceptional abilities and learn from his unique perspective on our journey to $8 billion in annual revenues and beyond.”

Currently, Hearn also serves as the chairman of Placing Platform Limited (PPL), a market-owned eTrading platform, and as a non-executive director of Atrium Underwriters Ltd.

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