Specialist re/insurance broker Miller has appointed Erik Manning as Head of ILS.
Manning brings significant industry experience to the role and will concentrate on developing Insurance Linked Securities (ILS) and other insurance risk to-capital solutions to benefit Miller’s clients.
He will report to Charlie Simpson, who was appointed Head of Bermuda earlier this year as the firm applies a continued focus to reinsurance expansion.
Alongside Simpson, Manning will be joined in Bermuda by Sebastian Alexander, who relocates from Miller’s London office, and Francesca Cacace.
Sebastian has extensive market and client relationships and has experience in the ILS arena, placing Industry Loss Warranties (ILW) and also in the traditional markets in London, Europe and North America.
Cacace will provide support to Miller’s Bermuda team, bringing her diverse experience and local Bermudian knowledge.
Simpson commented: “We are delighted that Erik has joined Miller. His deep knowledge of the market, long standing relationships and extensive experience in developing ILS products will contribute significantly to our future success.
“Miller is committed to recruiting exceptional peoples o that we can expand the depth and breadth of our offering to clients and align with the services and skill sets they require in this ever-changing market. I look forward to working with Erik, Sebastian and Francesca as we continue building out Miller’s presence on the Island.”
Manning added: “With the insurance and reinsurance markets currently experiencing a period of disruption, Miller is uniquely positioned to harness the opportunities presented by these changes and grow its business significantly over the coming years.
“I am honoured to join the firm at such an exciting time and look forward to working with the team across London and Bermuda to deliver the quality offering for which Miller is so well known.”