Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg.
The COE has been designed to provide clients with dedicated resources and holistic solutions to better manage their capital, volatility, and growth.
This strategic move further distinguished Guy Carpenter’s Capital Solutions as a market leader in delivering bespoke reinsurance structures, the firm noted.
Hochberg will lead the COE in addition to his current position as Global Risk Solutions Leader.
The launch comes as alternative reinsurance capital continues to play an increasing role in the reinsurance market, with 2025 reaching yet another record year.
Financial investors capital has reached $120 billion, accounting for approximately 20% of capital dedicated to the reinsurance industry, explains the reinsurance broker.
Sidecars, which are special purpose vehicles formed by reinsurers, provide vital investor-funded capacity for property, casualty, as well as diversified exposures.
Artemis, our insurance-linked securities (ILS) focused sister publication, tracks reinsurance sidecars in its comprehensive directory.
Commenting on the new COE, Laurent Rousseau, CEO of Guy Carpenter’s Global Capital Solutions business, said: “Sidecars have the potential to offer great value to our clients, provided they are well-structured and managed.
“By bringing dedicated sidecar resources together under one umbrella, we will be able to structure transactions with all stakeholders in mind – reinsurers, sponsors, and capital providers – that will enable our clients to unlock innovative capacity and optimize their risk-return outcomes in today’s more volatile risk environment.”
