Rokstone, the International Speciality (Re)Insurance MGA, part of the Aventum Group, has announced the appointment of Jonathan Butcher as a Non-Executive Director (NED).
Jonathan has 35 years’ experience in the Lloyds and London market. He was latterly CEO and before that Underwriting Director at Novae Syndicates, and joined the Board of the Lloyd’s Market Association in 2015. He spent 14 years at Novae and before that spent 13 years at Lloyd’s and 11 years at the Sturge Group PLC in a variety of senior underwriting roles across multiple classes with a focus on Property & Casualty. Jonathan was CEO at Novae Syndicates when it was sold to AXIS in 2017 for in excess of USD 600m and led the Syndicate through that process.
This is the first NED appointment that Rokstone has made.
James Potter, CEO of Rokstone, comments: “We’re delighted to welcome Jonathan on board as a Non-Executive Director. He has a strong and illustrious underwriting background and business development track record. We will benefit greatly from his knowledge, experience and independent insight. He will be a highly capable guiding influence during a period of sustained fast growth for our Group.”
Rokstone is one of the world’s largest MGAs, with offices in the UK, Europe, USA, Asia, Africa, and the Middle East. It is a leading specialist MGA serving the needs of international (re)insurance brokers in specialty lines business. It currently underwrites USD750m GWP in several specialty lines including Marine, Terrorism & Political Violence, Direct & Facultative Property, Treaty Property, Construction & Engineering and Liability.
Jonathan Butcher comments: “I’ve had my fair share of offers in the past to take up NED roles and have turned them down, but in Rokstone I see the clear potential and areas where I know I will add value both in terms of my network and operations. Rokstone and its parent company Aventum is fast growing and ambitious and is overt in that ambition. I’ll be helping them to steer Rokstone – ensuring that vital broker engagement, systems and operations all keep pace with growth. Importantly I like the people too – an asset not to be underestimated, and I’m really looking forward to joining them on what promises to be an exciting journey.”
Rokstone is currently exceeding its targets on route to becoming one of the biggest and the best global (re)insurance specialty MGAs in the world. The combined operations of Aventum now control over USD 1.1bn GWP.