Banyan Risk has appointed of three highly experienced insurance executives to its advisory board, as the business continues to scale its platform and expand its underwriting ambitions.

John Berger, Bob Cox and Andrew Cook, will join the advisory board of Banyan, a specialty MGA headquartered in Bermuda and focused on delivering bespoke insurance solutions across complex and niche areas of the market.

Mr Berger is a veteran insurance executive with more than 30 years’ experience in the global re/insurance market. He was appointed chairman of Coaction Specialty Insurance Group in May 2024 and has previously served as chief executive officer of Ascot Re, founding chairman and CEO of Third Point Reinsurance, CEO of Alterra Capital Holdings, and CEO and president of Chubb Re (later Harbor Point).

Mr Cox is an insurance executive with over four decades of industry experience. Most recently, he served as president and chief operating officer of Global Insurance Operations at Markel Group, a role he held from 2018 until the end of 2023, where he led Markel’s global insurance platforms through a period of sustained and profitable growth. Prior to Markel, he held senior executive roles at Chubb and other specialty insurance organisations.

Mr Cook is a highly experienced industry executive who has over 35 years of experience in the market. He is the non-executive director of multiple Bermuda-based companies including Ferian Re, Atlas Arteria, Omega Cat Re, and Aspida Re (Bermuda).

He began his career at Ernst and Young in Bermuda as an audit manager in 1984, and then became the founding chief financial officer of La Salle Re. When Axis Capital set up in 2001, he became its founding CFO. He then moved on to Alterra Capital as president and since 2015 has held various non-executive director roles on the island.

Banyan was founded in 2021 by Tim Usher-Jones and Peter Horrobin.

“The formation of our advisory board is an important step for Banyan Risk as we continue to grow the business,” said Mr Usher‑Jones, co‑CEO of Banyan Risk.

“John, Bob, and Andrew bring an exceptional depth of experience and perspective, and we are very pleased to have their support as we move into the next phase of our development.”

Mr Horrobin, co‑CEO of Banyan Risk Ltd added: “We have known John, Bob, and Andrew for a long time now and they have seen Banyan’s steady and fast-paced growth over the years. Their decision to join the advisory board reflects both their confidence in the business and the stage we are now at in our development.”

“Banyan Risk has built a strong platform with a clear sense of direction,” said Mr Berger. “The business has grown quickly since its formation in 2021, and as a relatively young but fast‑scaling MGA, it has been one we have watched with interest.

“I know I speak on behalf of Andrew and Bob in saying that we are pleased to be joining the advisory board at a point where there is real momentum and opportunity ahead.”