’It’s good news that we have a seasoned in-house operator ready to step into Beaven’s shoes,’ says group chief executive
Nick Mountifield has been appointed managing director at broker Academy Insurance Services to replace Richard Beaven, who has retired for health reasons.
Mountifield joined Academy in June this year as group chief operating officer, but his new role will become effective immediately and see him report into group chief executive Martin Tyler.
Commenting on Beaven stepping down from his role, Tyler said: “I will be eternally grateful for all that Beaven brought to the group. He is a well-known and much respected figure in the UK insurance industry and we wish him and his family the best for the future.”
Beaven was one of management team involved in Academy’s management buy-out in 2023, which came alongside investment from private equity firm Blixt.
The news also follows the significant acquisition of broker Permierline from Allianz back in March, which Academy made into its North West hub for commercial business.
Tyler added: ”It’s good news that, in Mountifield, we have a seasoned in-house operator ready to step into Beaven’s shoes.”
New opportunity
Mountifield began his insurance career at WTW, where he spent over 24 years in a number of senior roles. In 2015, after a brief stint at Allianz, he then worked for Flood Re as insurer engagement manager, before joining broker PIB in 2017.
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Tyler commented: ”He has made a significant and positive impact on the group since he joined us in June and I am confident that he will build on Beaven’s achievements and be an excellent leader for the group on the next stage of its journey.”
Mountifield added: ”Beaven has left some big shoes to fill, but I’m excited by this new opportunity to continue to build a broker with a highly collaborative culture that delivers value to clients.
“Our pipeline is strong and we are in discussions with a number of promising opportunities. We continue to enjoy strong support from our investor and we remain focused on achieving our medium and long terms plan for growth.”
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