In a recent update, BIBA (British Insurance Brokers’ Association) has announced a significant change to its Managing General Agents’ (MGA) Advisory Board. Graeme Trudgill, CEO of BIBA, revealed that Tom Downey, CEO of Pen Underwriting, will succeed Charles Manchester, who is stepping down from his position.
Trudgill shared the news on LinkedIn, expressing his enthusiasm for Downey’s appointment. “I am delighted to announce that Tom Downey, the CEO of Pen Underwriting, will be filling the seat vacated by Charles Manchester upon his retirement from our MGA advisory board,” Trudgill stated. He also acknowledged the continued support from Pen Underwriting, previously known as Manchester Underwriting Management, which is a recognized provider of professional indemnity insurance for BIBA members.
In his post, Trudgill emphasized the value of industry leaders like Downey contributing their expertise to support BIBA and its members. “I greatly appreciate the commitment of leading figures in our sector who provide guidance to their trade body and its members,” he added.
Beyond the MGA Advisory Board and the main BIBA board, the association operates several specialized advisory boards, including those for small and medium-sized enterprises, large brokers, international and wholesale brokers, and regional chairs.
In a prior discussion with Insurance Business, Downey highlighted Pen’s focus on innovation and investment. “If something isn’t working, it’s crucial to make changes,” Downey said. “I can’t dictate change; it must be initiated where and when necessary. My passion for this industry is fueled by the energy and drive of its people. It’s their enthusiasm and teamwork that propel us forward, and my role is to contribute to that dynamic.”
This latest appointment marks another step in BIBA’s ongoing efforts to enhance its advisory board and support its members.