Round-up of the weekly news and developments from the global (re)insurance market with stories from BMS, Marsh, Hiscox and more.
Ian Gormley named as UK CEO at BMS
Independent (re)insurance broker has announced the appointment of Ian Gormely as UK CEO, reporting to Nick Cook, chief executive officer of BMS Group, effectively immediately. Gormley will be responsible for the continued growth and expansion of the companies’ capabilities in London and Bermuda across all Specialty lines both insurance and reinsurance. Read More
Marsh announces launch of Cyber Incident Management service for UK & EU
Marsh has announced the launch of its Cyber Incident Management service to support clients headquartered in the UK and Continental Europe to prepare for, respond to, and recover from cyber incidents, as well as increase their cyber resilience. Read More
Hiscox names Stéphane Flaquet as group chief operating officer
Global specialist insurer, Hiscox has announced the appointment of Stéphane Flaquet as group chief operating officer, effective 1 September 2022. Flaquet will be a member of the Group Executive Committee and report to Aki Hussain Hiscox group CEO. Read More
Gallagher Re appoints leader of Public Sector & Climate Resilience Solutions practice
Global reinsurance broker, Gallagher Re has announced Antoine Bavandi has been appointed to the newly created role as global head of public sector, parametric & climate resilience solutions, effective immediately. Based in London, he will report to Printhan Sothinathan, CEO Global Analytics and Advisory, Gallagher Re. Read More
Everest Reinsurance adds Joe Stuhl as senior vice president of Global Distribution
Everest Reinsurance, the reinsurance division of Everest Re Group has announced the appointment of Joe Stuhl to the newly created role as senior vice president of global distribution, reporting to Anthony Izzo, global head of facultative and distribution at Everest Reinsurance. Read More