Specialist re/insurance broker McGill and Partners has appointed Peter Stubbings as Partner in Bermuda.
Stubbings was most recently Aon Reinsurance Solutions’ Chief Executive Officer of Global ReSpecialty.
Global ReSpecialty is the division of Aon that is focused on specialty property, other reinsurance and retrocession broking.
Stubbings previously worked at Guy Carpenter, where he was CEO of Bermuda for four years, and CEO of Continental Europe for the preceding five years.
He has also held senior roles at RK Carvill and Willis Re among others.
“I’m happy to share that I’m starting a new position as Partner at McGill and Partners!,” Stubbings said.
Adding, “I’m delighted to be joining the McGill and Partners team. The firm has rapidly built a stellar global reputation and continually looks at how it can do things differently and better. I’m looking forward to being part of this impressive growth story in Bermuda, a market that holds a key position in the global insurance and reinsurance industry.”
Kate Vacher, Partner and CEO of McGill and Partners Bermuda, also said “For us as a broker, direct access to the Bermudan market helps facilitate mutual success across all our offices and compound the firm’s significant growth. We are excited to see the hub grow over the next few years, and we have big ambitions to bring both new premiums to Bermuda, as well as employing local Bermudan talent.”
Steve McGill, Founder and CEO of McGill and Partners, commented “It’s fantastic to see our Bermudan operations going from strength to strength. We appreciate that the local Bermudan market like to have local brokers and our approach enables access to other markets and the support of our other, global teams. We are also known for having a hugely successful talent acquisition strategy and as part of this we’re committed to hiring the very best in local Bermudan staff.”
