Broadstone appoints Karen Graves to board as non-executive director

Broadstone has appointed Karen Graves to its board as non-executive director, effective from 1 November 2025.

Graves (pictured) has more than 30 years’ experience in the Lloyd’s and London insurance market. She began her career in compliance before progressing to chief operations officer and then managing director at a Lloyd’s managing agency. She has also held senior roles with a global reinsurer, supporting its EMEA operations.

She currently serves as chair of GreenKite, a professional services firm operating in the UK insurance market, and as independent non-executive director on the boards of USAA SA, Allied World Managing Agency and Accelerant UK, where she chairs the risk committees.

Her appointment follows the addition of Bill Pedersen, an insurance and actuarial consulting specialist, as non-executive director in May. Broadstone said the appointments demonstrate its continued strategic focus on expanding within the UK insurance vertical across the Life, General and Lloyd’s and London markets.

The strategy is being supported by the growth investment completed in March by private equity firm Lovell Minnick Partners, which Broadstone said will provide resources to strengthen its insurance capabilities and market footprint.

Broadstone CEO Tony Gusmao said: ‘Karen brings invaluable leadership experience in the insurance market at a time when we are looking to accelerate growth in this segment. Building on the appointment of Bill Pedersen and fresh capital backing, Broadstone is well-positioned to continue on an exciting growth trajectory.’

Graves said: ‘Broadstone has ambitious strategic objectives and exceptional potential for further expansion across the insurance markets that I have worked in for over three decades. I look forward to adding my specialist knowledge and helping the business develop its differentiated market proposition to deliver continued and long-lasting success.’