Reinsurance News

Miller adds ILS specialist John Duda to its growing Bermuda team

15th June 2022 - Author: Kassandra Jimenez-Sanchez -

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Specialist re/insurance broker, Miller has announced the appointment of John Duda as Head of ILS Development & Capital Management Products, as the firm continues to build out its capabilities in Bermuda and the ILS market.

Duda’s appointment follows the recent launch of Miller’s Bermuda platform in March 2021 and subsequent hires, including Charlie Simpson as Head of Bermuda and Erik Manning as Head of ILS.

In his new role, Duda will focus on developing Miller’s business in the Bermudian market, according to the firm.

John Duda said: “The opportunity to build out Miller’s offering in Bermuda is an incredibly exciting one. I’m pleased to join such a fast-growing team to work alongside genuinely passionate individuals to help accelerate Miller’s growth across the region.”

He  joins  from  Markel,  where  he  led  the  retrocessional  portfolio  management  team and  was  a  key figure  in  the  launch  of  Lodgepine  Capital  Management,  Markel’s retrocessional  ILS  fund. 

Prior  to Markel,  John  was  a  portfolio  manager  for  Logic Reinsurance  in  Toronto  and  held  roles  at  Guy  Carpenter, Benfield (then Aon Benfield) and Zurich Insurance Group.

Erik Manning, Head of ILS, commented: “John’s extensive experience in collateralised reinsurance and ILS fund management will transform Miller’s ability to service clients in Bermuda and around the world. 

“John  brings  both  strong  technical  capabilities  and  deep market  relationships;  we’re hugely excited to welcome him to the team and his appointment is testament to Miller’s ongoing investment in market-leading talent.”