Steven Beard, CEO of London-based Risk Transfer Group, which trades under the RFIB brand, is resigning, effective immediately, said Integro Insurance Brokers Holdings Ltd. on Friday.
London-based wholesaler Tysers, an Integro unit, said in September it had reached a definitive agreement to buy Risk Transfer Group. The acquisition was completed Jan. 1.
Mr. Beard said in the statement that the timing “now feels right.”
Integro said in the statement that until the integration with Tysers is completed an interim management committee comprised of Morna Leather, finance director; Chris Tansley, chairman of marine; and Kevin Stratton, managing director of specialty, will lead the business’ day-to-day operation, reporting to the Tysers management committee.
