IBS Board

Photo of  David  Pye
David Pye


David Pye was appointed to the ISG Board as a non-executive director in September 2008. He is also Chairman of Independent London Market Services Limited and Independent Broking Solutions Limited.

David has 40 years’ experience as both an underwriter and a director of entities in the London company and Lloyd’s markets.

He was Chairman of Equity Syndicate Management Ltd, the managing agency responsible for Equity Red Star Syndicate 218, the largest Lloyd’s motor syndicate.

Photo of  Nick  Readings
Nick Readings
Chief Executive Officer


Nick Readings has been in the insurance industry for over 40 years in most roles encompassing specialist consulting, underwriting and latterly broking. The current focus is the operation of the group’s insurance carriers in run off and, in the live sector, the international delivery of MGA and broker services to clients.

He qualified as a chartered accountant in a specialist West End accountancy practice and, after gathering other experience within the accounting profession, he joined a major Lloyd’s broker to manage their relationships and their business relating to Pool insurance companies. He has held a number of other insurance appointments including the Lloyd’s Market where roles included reserving and the development of in house systems capability, followed by consultancy work including a major part in the Equitas project.

Having been involved in discontinued portfolios since 1991, he continues to support this aspect of the business but is more recently focused on service support of both underwriters and brokers together with the introduction of new capital to the market. Whilst spending 20 years dealing with industry problems (run-off/closures) he now operates as CEO of Independent Broking Solutions Limited (IBS) a commercial London based network for international insurance specialists. Within this role design of solutions both corporate and insurance placements are delivered to the clients of IBS and the parallel operation in the Coverholder/program arena MGA Capital Limited.

Photo of  Barry  Johnson
Barry Johnson


Barry Johnson has worked as a Lloyd’s broker for over 40 years. He has a wealth of experience and knowledge in the handling and development of worldwide Insurance and Reinsurance business. He has established long term relationships with a strong client base and has specialist knowledge of Life, Accident and Health products and markets.

Barry’s previous positions were as a director at Alwen Hough Johnson Ltd and an executive director at Willis and E.W. Payne.

Photo of  Andrew  Norman
Andrew Norman


Andrew Norman has over 15 years’ experience in the London insurance market. With a background in placing and administering North American property and casualty Binding Authorities, his expertise extends to the technical, operational and broking requirements of numerous classes of both direct and reinsurance contracts.

Previous to joining Independent Broking Solutions (IBS) in 2012, Andrew was the Operations Director of a Lloyd’s Broker with responsibility for all aspects of back-office operations, compliance with market placing and technical standards and the implementation of technology to ensure efficient and accurate interface between carriers and clients.

Andrew was appointed Technical Director of IBS in 2014 and to the board in 2016, heading-up the Technical team who provide all aspects of contract administration to our network of AR’s. This includes ensuring the market and jurisdictional compliance of Slips; coordinating Coverholder compliance and when required advising our AR’s on the structure of their placements. Drawing on his familiarity of the London market and his broking experience, Andrew also advises on potential carriers for difficult to place contracts.

Photo of  Jonathan  Sprules
Jonathan Sprules


Jon Sprules joined Independent Broking Solutions Limited in May 2017 initially with the role of underwriter support to a binder held by an IBS client. He migrated to the role of Compliance Manager after completing the closure of the underwriting portfolio following the risk carrier’s decision to cease underwriting.
The compliance role compliments Jon’s previous 6 years’ experience as a risk manager for a large commercial operation and has over 30 years’ experience in the placing and administration of insurance risks.
Within his current role he has taken on further responsibilities whilst delivering a controlled compliance function and currently specialises beyond that role in the area of new client delivery allied to the additional focus on a digital delivery of insurance products with those clients.
Jon was appointed to the Board of Independent Broking Solutions Limited on 1 June 2018.

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