Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has appointed Matt Petka as Managing Director and Riley Underwood as Senior Vice President within its GC Access business unit.
Petka will assume a senior leadership role within GC Access, where he will be responsible for overseeing solution development and client management.
Alongside Underwood, he will focus on delivering programs for US regional clients in the MGA sector.
Petka brings over 22 years of broking experience to the role, with extensive knowledge of the US auto and property sectors.
He joins from Willis Re, where he was Executive Vice President managing a team focused on MGA and program business.
Underwood is an experienced senior broker who also joins from Willis Re. Most recently, he was Senior Vice President responsible for new account production and account management.
Both appointments start with immediate effect and are based in Dallas, Texas. They will report to Michael Jameson, President, GC Access.
The GC Access provides dedicated MGA program business solutions and offers a range of services to carriers and MGAs operating in the dynamic program market, including carrier and reinsurance transactions, captive support, insurtech expertise and program start up roadmaps.
Jameson commented: “Today’s announcement of these two senior appointments demonstrates our full commitment to building on the considerable success achieved to date by GC Access.
“Matt and Riley are both seasoned practitioners in the MGA arena who bring depth of market insight that is critical to developing the fully optimised program solutions we deliver for our clients.”
John Trace, CEO, North America, Guy Carpenter, added: “GC Access has already helped to set a new standard for program delivery in the MGA sector since its launch in 2020.
“Through the range of services and analytical solutions that Michael and the team offer, we are helping position our clients to capitalise on the expanding opportunities this sector provides.
“Our ability to continually attract great talent to our organisation is a further testament to the leading position that we have established.”