Guy Carpenter, the reinsurance broking arm of Marsh McLennan (MMC), has announced the launch of the Capital & Advisory group as part of its Global Capital Solutions unit.
Alexander Schnieders has been named the Global Head of Capital & Advisory, reporting directly to Laurent Rousseau, CEO of Europe, IMEA, and Global Capital Solutions.
The Capital & Advisory group aims to broaden Guy Carpenter’s services to c-suite clients worldwide and attract more capital to re/insurance risks. Its responsibilities include raising capital for clients, offering guidance on capital and M&A transactions, fostering new market capacity, and supporting the formation of new companies.
Rousseau remarks, “The addition of a Capital & Advisory team to our already strong Global Capital Solutions unit, which includes cat bonds and other insurance-linked securities through GC Securities and legacy products through Global Risk Solutions, creates an offering that is unmatched in the industry.”
He continues, “With Alexander’s extensive background and strong relationships, the team is well positioned to serve our clients.”
Schnieders joins Guy Carpenter from Teneo Holdings, where he served as Head of the Financial Institutions Group (FIG) and Co-Head of M&A for eight years. In this role, he oversaw all aspects of Teneo’s US insurance practice, including strategy, business planning, deal sourcing, and executing capital raising and M&A transactions.
Prior to that, Schnieders held roles as a Managing Director at Perella Weinberg Partners for four years and as a Managing Director at Goldman Sachs for 11 years.
Expressing his enthusiasm for his new role, Schnieders states, “I am delighted to join Guy Carpenter in this newly created role. I have a long-standing respect for the Guy Carpenter team and confidence we will provide clients a differentiated offering to help them achieve their risk, capital and strategic goals.”
