This version of Worldwide Individuals Strikes particulars appointments at Marsh, Berkshire Hathaway Specialty Insurance coverage (BHSI) and the re/insurer IQUW.
A abstract of those new hires follows right here.
Marsh Promotes McKay as UK Advisory Chief
Marsh, the insurance coverage brokerage enterprise of Marsh McLennan, introduced the appointment of Stephen McKay as UK Advisory Chief.
Topic to regulatory approval, McKay can be based mostly in London and report back to Chris Lay, CEO, Marsh McLennan UK, and Giampaolo Scarso, advisory chief, Worldwide, Marsh. He can even be a part of Marsh’s UK Government Committee.
On this position, McKay will lead Marsh’s UK strategic and operational danger consulting groups and assist the development of Marsh’s analytics and claims options capabilities. He’ll work carefully with purchasers in key areas together with lowering the price of danger, growing resilience, and offering danger finance decision-making insights.
McKay is at present the property follow chief for Marsh Advisory in North America, a place he has held for over 4 years. With 30 years of expertise advising on danger programmes throughout varied industries, his experience contains areas equivalent to main hazard evaluation, M&A due diligence and environmental controls.
“Our UK advisory enterprise is a hub of deep business experience, superior analytics, and specialist international information,” commented Lay. “With growing uncertainty across the challenges that lie forward, whether or not they be geopolitical, technological or industrial, Stephen will play an important position in guaranteeing our UK purchasers stay optimistic about their progress alternatives.”
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BHSI Launches Surety in Spain, Names Barbero as Head of Surety
Berkshire Hathaway Specialty Insurance coverage (BHSI) introduced it has entered the surety market in Spain and appointed Jesús Barbero to guide the product line as head of Surety.
Barbero has had greater than 20 years as a surety bond specialist. He joins BHSI from surety insurer Caser in Madrid.
“We’re excited to guide BHSI’s entry into the European surety market,” stated Constanza Gállegos, nation supervisor, BHSI in Spain. “By bringing BHSI’s long-view dedication, credit standing and monetary energy to the surety market in Spain, we’re answering an expressed want of our prospects and brokers.”
BHSI will construct and supply completely different surety options for quite a lot of initiatives and dangers in Spain.
Barbero relies in Madrid and may be reached at jesus.barbero@bhspecialty.com.
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IQUW Promotes MacDonald to Head of Property
IQUW, the London-based property and specialty re/insurer, introduced the promotion of Robbie MacDonald to move of Property.
MacDonald was beforehand head of Property, Direct and Facultative (D&F), a job he has held since Might 2023. He has been co-leader of IQUW Property alongside Tom Hennessey, head of Property, Delegated Authority (DA).
Hennessey will proceed in his present position, reporting to MacDonald, who will now report back to Steven Tebbutt, energetic underwriter at IQUW.
“I’m thrilled to be promoted to move of Property,” stated MacDonald. “Over the past yr, Tom and I’ve invested in new know-how that gives us with larger perception into our portfolio and created new, streamlined processes to offer well timed submission updates which reinforces our general Property proposition.”
“I’m delighted for Robbie; with him spearheading the division, mixed with the brand new DA and D&F underwriters now we have welcomed this yr, our proposition to brokers is stronger than ever,” Hennessey commented.
IQUWs insurance coverage and reinsurance merchandise are distributed via Lloyd’s Syndicate 1856 and supply insurance coverage cowl for aviation, cyber, cargo, disaster administration, marine, political danger, vitality, property, D&O, monetary establishments, political violence and terror and conflict dangers, plus reinsurance for each property treaty worldwide and particular to the US and specialty reinsurance.
Subjects
New Markets
Leadership
Property
