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Guy Carpenter

“InsurTech is not one size fits all”, says Claude Yoder, Guy Carpenter

17th October 2018

The rise of advanced technology alongside a need throughout the insurance and reinsurance value chain to improve efficiency has created a bourgeoning InsurTech start-up trend, but it’s important to find the right InsurTech fit, according to Claude Yoder, Guy Carpenter. Traditionally, the insurance industry has been slow to adapt and modernise. ... Read the full article

Evolving terror threat challenges the entire value chain: Guy Carpenter

8th October 2018

The rapidly evolving nature of the global terror threat is proving challenging to the entire re/insurance value chain, according to reinsurance broker Guy Carpenter, although the industry is well placed to meet its demands head on. The Marsh & McLennan Companies subsidiary claimed that now more than ever, brokers and underwriters ... Read the full article

Guy Carpenter appoints Siobhan O’Brien as Head of International Cyber Centre

1st October 2018

Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has appointed Siobhan O’Brien Head of the Cyber Centre of Excellence for International and Global Specialties, effective October 1. The newly-created role will see O’Brien lead the International Cyber Centre of Excellence and work ... Read the full article

Significant implementation efforts required for IFRS 17: Guy Carpenter

26th September 2018

Reinsurers will need to rethink their approach to structuring contracts and prepare for the introduction of the International Financial Accounting Standard 17, according to a global roundtable of Guy Carpenter leaders. IFRS 17 is set to increase the complexity and cost of operating, as companies will be required to report in ... Read the full article

Marsh & Mclennan acquires JLT for $5.6 billion

18th September 2018

Major mergers & acquisitions news breaking this morning, as it has been announced that broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) is to acquire Jardine Lloyd Thompson Group plc for $5.6 billion. The acquisition sees another of the mid-sized global insurance and reinsurance brokers going to a new ... Read the full article

Portfolio optimisation needed as market volatility rises: Guy Carpenter

12th September 2018

Optimised portfolio construction is becoming an increasingly vital strategy for re/insurers to tackle growing market volatility, which is being driven by excess capacity and rising claim costs, according to Guy Carpenter, the reinsurance broker and wholly owned subsidiary of Marsh and McLennan Companies. A global roundtable of Guy Carpenter leaders agreed ... Read the full article

Increasing pressures challenging the MGA model: Guy Carpenter’s Vicky Carter

11th September 2018

As pressures mount, the Managing General Agent (MGA) sector must lead the market for process enhancement and generate clear value rather than remaining another link in the distribution chain if it is to remain prosperous moving forward, according to Vicky Carter, Vice Chairman – Global Strategic Advisory, Guy Carpenter. Carter said ... Read the full article

InsurTech innovations are assisting re/insurance processes: Yoder, Guy Carpenter

10th September 2018

Global Head of Innovation and Product Development at reinsurance broker Guy Carpenter, Claude Yoder, has noted the many challenges and opportunities insurers and reinsurers are facing as a result of the rise of InsurTech. As technology continues to influence the global insurance and reinsurance market, Yoder has called on companies to evaluate ... Read the full article

Innovation key to London ILS success: GC Securities’ Des Potter

10th September 2018

With the UK having updated its insurance-linked securities (ILS) regulatory and tax regime last year in an effort bolster its competitiveness throughout the transition out of European Union membership, the Managing Director of GC Securities, Des Potter, has discussed how London can build on its early success and become an ... Read the full article

Guy Carpenter launches GC Genesis, an expanded InsurTech advisory service

9th September 2018

Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has launched an expanded InsurTech advisory offering called GC Genesis. The new service represents a comprehensive, insurer-centric approach to the evolving space of data, analytics, and digital technology-based solutions, and is designed to go ... Read the full article

Re/insurers search for growth as pace of market change accelerates: Priebe, Guy Carpenter

8th September 2018

Global insurers and reinsurers are seeking new growth avenues in response to numerous challenges being driven by the accelerate pace of change across the sector, according to the Vice Chairman of reinsurance broker Guy Carpenter, David Priebe. An abundant supply of capital from both traditional and alternative sources continues to hinder ... Read the full article

Guy Carpenter hires Shaun Sinniah as Head of Strategy & Client Engagement

4th September 2018

Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has appointed Shaun Sinniah as Head of Strategy and Client Engagement for the firm’s International and Global Specialties divisions, effective from October. Sinniah joins Guy Carpenter from Willis Re, where he most recently served ... Read the full article

Guy Carpenter and RPC Consulting partner on reinsurance analytics platform

22nd August 2018

Guy Carpenter & Company LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has entered into a multi-year strategic partnership with Reynolds Porter Chamberlain Consulting LLP (RPCC) to license and develop applications for RPCC’s Tyche analytics software. As part of the arrangement, Guy Carpenter will have exclusive ... Read the full article

Guy Carpenter names Head of Credit, Bond and Political Risk Practice

25th July 2018

Guy Carpenter & Company, LLC, the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to Head of the Credit, Bond and Political Risk Practice of Guy Carpenter International, effective immediately. He succeeds outgoing practice leader John Orchard, who is leaving Guy Carpenter after 11 ... Read the full article

Guy Carpenter names President & Head of South East Asia and Korea

19th July 2018

Reinsurance broker Guy Carpenter has named Bengt Johnsen as President and Head of the South East Asia and Korea (SEAK) region, succeeding Richard Jones, who was promoted to ... Read the full article

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