Howden
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An industry veteran of 34 years, the executive is known for placing US healthcare business in London.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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It is slim pickings for quality mega deals and the brokerage has an in-built need for speed.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
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The move follows a recent string of initiatives for Howden in Latin America.
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In The Car offers embedded auto insurance by integrating policies into dealership management systems.
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Howden has been expanding its South American presence through M&A.
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Howden recently expanded in South America with the takeover of Contacto and Innova Re.
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