Broadstone appoints Bill Pedersen as non-executive director

Broadstone has appointed Bill Pedersen as non-executive director to strengthen its insurance and actuarial services. 

Pedersen has over 35 years’ experience in the financial services sector, mainly with Milliman, an international consulting and actuarial firm. 

He was chief financial officer at Milliman for 20 years and later became the firm’s first chief operating officer before retiring in 2020. 

Pedersen worked across financial reporting, practice results and growth strategies, including Milliman’s expansion outside the US. 

He played a key role in the firm’s mergers and acquisitions, leading on deal evaluation, desk negotiation and integration after transactions.

Pedersen said: “Broadstone has a fantastic pedigree delivering expert consultancy services to employers, insurers, lenders and pension scheme trustees. 

“I am delighted to join the business as it looks to develop its proposition and establish itself as a leader in the insurance actuarial consultancy market. 

“With new capital backing and an increasing need for specialist advice in the sectors we operate in, Broadstone’s differentiated market proposition positions it strongly for growth.”

Tony Gusmao, CEO at Broadstone, said: “Bill joins Broadstone at a hugely exciting time in our growth journey and brings a deep understanding of the insurance sector, which is a hugely important area of strategic growth, as we look to scale the business and expand our offering.”