MNK Re, the leading independent broker of worldwide specialist risks into Lloyd’s, has expanded its expertise and global reach with the appointment of Simon Ashby as Executive Managing Director and Global Chief Commercial Officer.

Ashby has nearly 40 years’ experience in the insurance and reinsurance sectors, having held senior management roles in both broking and underwriting, including over a decade in Bermuda as Managing Director of Marsh FINPRO Bermuda.

In London, Ashby was Managing Director and CUO of Gulf Insurance Company UK Ltd part of the Travelers Group and CEO of Willis Global Solutions International. In his most recent role Ashby was co-founder and Active Underwriter of Verto Lloyds Syndicate 2689.

In his new role, Ashby will be responsible for driving a variety of projects and revenue growth initiatives for MNK Re, as it looks to expand its presence across the globe, particularly in North America.

Commenting on Ashby’s appointment, CEO & Managing Director of MNK Group, Manoj Kumar said:

“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.”

Executive Managing Director and Global Chief Commercial Officer of MNK Re, Simon Ashby added:

“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.”