Lifestyle Article - Broadstone appoint Simon Grout as Senior Actuarial Director


Broadstone has appointed Simon Grout as Senior Actuarial Director into its Insurance Advisory & Remediation division. Simon joins Broadstone from FTI Consulting where he was a Senior Advisor in the firm’s Global Insurance Services practice. He brings more nearly 40 years of experience as both an actuarial and management consultant in the insurance industry across EMEA.

His expertise includes acting as Independent Expert on Part VII transfers and s166 reports, actuarial and commercial due diligence, design and implementation of finance, capital and risk management frameworks, and mergers & acquisitions.
 
The new hire strengthens Broadstone’s capabilities in its growing Insurance Advisory & Remediation unit, which is adding expertise across the life, non-life, and the Lloyd’s and London markets. In his new role, Simon will compliment Broadstone’s existing actuarial offering helping to broaden out its client services into further risk, governance and regulatory offerings
 
Simon Grout, Senior Actuarial Director at Broadstone, commented: “I am really looking forward to working with my new colleagues bringing practical and pragmatic solutions to help our clients’ strategies. Broadstone is a growing business with a developing reputation across the insurance market for high-quality independent advice.”
 
Cara Spinks, Head of Life & Health at Broadstone, commented: “We are delighted to have brought Simon to Broadstone as we continue to build out our team of outstanding talent throughout the Insurance Advisory & Remediation division. Simon brings significant experience of the insurance industry and will be a pivotal addition to expanding our offering across risk, governance and regulatory services.”
 
Simon started his career in 1987 at Bacon & Woodrow before joining William M. Mercer’s UK Life Insurance Practice in 1995 and he was made a Partner of Mercer in 1996. Upon the purchase of Oliver Wyman by Marsh McLennan in 2003, he transferred to Oliver Wyman’s EMEA Insurance Practice working principally in the UK, Middle East and Nordic Regions.
 
Full details of the new hire – and a headshot – are attached to this email and please get in touch if you have any questions.

 

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