Beach & Associates has appointed Aon Benfield’s Daniel Shaw as senior vice president to lead the (re)insurance broker’s wholesale property and casualty treaty unit in London.
He will report to Jason Howard, CEO for London and International.
Shaw moves over from reinsurance broker Aon Benfield, where he has served as a North America casualty treaty reinsurance broker for past 17 years.
Prior to Aon, Shaw served was an account manager for the US property treaty team at EW Blanch. He began his broking career at CE Heath, placing Caribbean and Latin American property treaty business.
Commenting on the appointment, Howard said: "The broking market is changing. It faces severe challenges. To overcome them, brokers will need to innovate their traditional business models and focus on delivering independent, unconflicted advice and transactional expertise."
He added that Shaw’s experience and deep knowledge of the casualty treaty sector would “significantly enhance” Beach’s proposition and would help “cement” its position in the market .
Beach has offices in Bermuda, London, Zurich, Toronto, Burlington NC, Chicago and New York.