Price Forbes announces that Dick Heath has been appointed to the role of head of Reinsurance and Wholesale, Singapore, effective immediately. He will report directly to Philip Johnson, chief executive officer, Price Forbes Asia Pacific.
Heath, a well-known and respected figure in the APAC re/insurance market, will be responsible for leading and developing Price Forbes’ reinsurance and wholesale proposition across its Singapore platform to maximise growth opportunities and to best serve the shifting needs of this rapidly growing sector.
His appointment forms part of Price Forbes Singapore’s broader organisational approach, with the business operating across three centres of excellence: Reinsurance & Wholesale, Specialty & Retail, and Marine, Credit & Political Risk which allows for dedicated focus across each area while supporting the business’s continued growth.
Heath brings more than four decades of broking and underwriting experience to the role, with the last 12 years spent in the Singapore market. He joins from Gallagher, where he served as CEO, Asia, having previously expanded the firm’s presence in the region as managing director of its Singapore hub.
Johnson said: “We are delighted to welcome Dick to Price Forbes. His calibre, leadership skills and reputation speak for themselves. His extensive local market knowledge and proven track record will play a pivotal role in driving the explosive growth and market leading culture we are on-track to deliver as the preeminent specialty broker in Asia.
Heath added: “I’m extremely pleased to join Price Forbes Singapore at a time of such rapid development for both Price Forbes and the APAC market. I’m impressed by the ambition and momentum of the business and I look forward to working with a team of like-minded people to build a first-class reinsurance and wholesale proposition for clients across the region.”