Bhaven Pathak
Insurance Advisory Partners, the specialist insurance M&A, strategic and capital-raising advisory firm, today announces the appointment of Bhaven Pathak as partner and head of UK & Europe, effective 1st May, subject to regulatory approval.
Pathak will be responsible for leading and developing Insurance Advisory Partners’ operations in London, following the company’s launch in New York in August by banking, insurance and insurtech veterans Tony Ursano and David Kimmel.
Pathak brings more than 20 years of insurance, fintech and investment banking experience to Insurance Advisory Partners including roles at HSBC, Hiscox and Canopius. As head of M&A at Canopius from 2013 to 2021, Pathak led its sale to Sompo Japan from private equity ownership and subsequently managed the company’s award-winning management buy-out. He has since been assisting fast-growing fintech businesses with strategic development and capital raising. In the 2021 New Year’s Honours he was awarded an MBE by Her Majesty the Queen for services to Business and to the Community.
Ursano said: “Bhaven’s appointment marks an important step in our development. His exceptional achievements during his career across insurance, fintech and investment banking made him the ideal candidate to lead our London office and I am extremely pleased to welcome him to Insurance Advisory Partners. This strategic hire furthers our goal of creating a business that will set the standard for M&A and capital-raising advice for the insurance, insurance services and insurtech industries on both sides of the Atlantic.”
Kimmel said: “As in the U.S., there’s a huge opportunity in London and the wider UK and European insurance markets for an advisory firm with the dynamism, quality and depth of experience to challenge the status quo and establish itself as an effective and valued partner. Bhaven is a diligent and accomplished operator who typifies the fresh approach we’re bringing in providing the highest quality service and advice to our clients.”