JLT Re has announced the expansion of its Bermuda reinsurance and retrocession broking team with the appointment of Nicolas Bardon to partner with effect immediately.
The firm said the hire is a further step in its efforts to grow its international reach through Bermuda operations which have more than doubled in size over the last 4 years.
Bardon joins from Somerset Holdings where he has led business development and production since 2013, he will be reporting to Guy Hengesbaugh, Partner and Head of Office for JLT Re in Bermuda.
Hengesbaugh said; “Nicolas is a great addition to the team and we welcome his experience and ability in not just reinsurance but also banking and finance.
“He will be an invaluable asset to our clients as we continue to expand in Bermuda. Our focus on understanding the long term needs of our clients combined with a more innovative approach to finding the right solutions means our team will continue to build on its success in this important market place.”
Prior to working for Somerset Holdings, he worked in the banking sector holding key positions at CitiGroup and Bank of NY Mellon.
Bardon is expected to take up his new role within a few weeks and will work closely with Gary Reynolds and others on the ILW team in Bermuda, London and New York.