Mark Shumway, formerly of insurance and reinsurance broker Howden, has joined Inver Re, the reinsurance broking arm of the Ardonagh Group, as Head of Advisory.
Shumway joined Hyperion X, which later became Howden, from JLT Re in 2019, which followed Marsh McLennan’s acquisition of JLT Group earlier that year.
During his time with Howden, Shumway served as Executive Director, Head of Advisory, HX, and most recently as Managing Director of Howden Capital Markets.
Prior to his more than three year stint with JLT Re, Shumway spent over 13 years at reinsurance broker Guy Carpenter in a variety of roles, including Senior Vice President, Head of Strategic Advisory – APAC, and Managing Director, Head of Strategic Advisory – APAC.
Earlier in his career, Shumway spent more than three years with AM Best as a Credit Analyst, and more than one year at KPMG US as a Consultant.
In his new role at Inver Re, Shumway will be based in London.