Global reinsurance broker Ed has appointed Andy Wakefield as Managing Director of its Marine and Energy Reinsurance business.
Wakefield will take up the new position later in the year, reporting to Kieran Angelini-Hurll, Chief Executive Officer (CEO) of Reinsurance, Ed.
Commenting on the appointment, Angelini-Hurll said; “Andy is an excellent addition to our reinsurance team and the ideal candidate to spearhead the growth of our marine and energy reinsurance offering.
“Andy’s reputation, expertise and vision will be a key part of our success. He will ensure that our proposition sets itself apart and that we attract the right talent to complement our existing expertise. I am very pleased to welcome him to the team.”
Angelini-Hurll said the marine and energy reinsurance sector had significant opportunities for rapid expansion, adding that the market was “primed for a reinsurance broker with global reach which does not compete with its clients.”
Wakefield joins Ed from brokerage Willis Re where he most recently served as an Executive Director focused on European and London market business.
He’s had a long career spanning 25 years in the marine and energy sector, and prior to working for Willis Re, he acted as a senior broker at Aon Benfield.