Reinsurance News
McGill and Partners
Billions of dollars of imports at risk due to port, supply issues: analysts
18th October 2021
Analysts at risk modelling company Russell Group have warned that just under $2 billion of UK trade imports could be impacted in the run-up to Christmas if the current ports delays at Felixstowe continue into December. But with supply chains coming under pressure globally, losses will likely be acute elsewhere as ... Read the full article
McGill to launch Bermuda operation, led by Kate Vacher
4th October 2021
Specialist re/insurance broker McGill and Partners has announced that it will officially open a Bermuda office later this month, led by Chief Executive Officer (CEO) Kate Vacher. The Bermuda hub, which has already received regulatory approval, is expected to complement McGill and Partners’ other international operations as the firm continues to ... Read the full article
McGill hires WTW’s Neelan as Partner & Head of US Operations
25th August 2021
Specialist re/insurance broker McGill and Partners has hired Tresa Neelan as a Partner and its Head of US Operations from rival Willis Towers Watson. Neelan joined McGill this month and is tasked with providing strategic leadership to its organisational work in the United States, also focusing on delivering sustainable growth and ... Read the full article
McGill and Partners adds David Cousar to Fac Reinsurance team
29th July 2021
Specialist re/insurance broker McGill and Partners has lined up David Cousar to join its Facultative Reinsurance team in 2022. Cousar brings over 26 years’ experience to the role, starting off as a Property Underwriter at Legal & General before moving to direct writing reinsurers National Re and General Re. He has spent ... Read the full article
McGill and Partners appoints Peter Chesman as Partner
2nd July 2021
Specialist re/insurance broker McGill and Partners has appointed Peter Chesman as Partner within its UK-based Structured Solutions team. Chesman brings 17 years’ experience to the role, with 15 of those spent at Aon. He’s expected to help focus on alternative risk financing and support risk transfer strategies for large complex clients. “Peter brings years of ... Read the full article
McGill and Partners hires Aon’s Warren Mula to support US growth plans
8th June 2021
Insurance broker McGill and Partners has added Warren Mula as a Strategic Advisor and Non-Executive Director of McGill Global Risk Solutions. Mula will look to support this growth with a particular focus on the specialist broker’s US plans; encompassing talent, clients, markets and intermediary partners. He joins after 40 years’ service with ... Read the full article
McGill and Partners hires Ken Lorber as Partner
27th May 2021
Insurance broker McGill and Partners has appointed Ken Lorber as Partner, specialising in Portfolio Solutions in the US. Ken brings 10 years’ of industry experience, starting his career at Aon Risk Solutions, before joining Aon Reinsurance Solutions in 2014. At Aon he was responsible for structuring treaties for global and regional carriers, ... Read the full article
Aviation insurers seeks further rate increases after difficult year: McGill & Partners
18th May 2021
Analysts at specialist insurance broker McGill & Partners have examined the state of the aviation insurance market in 2021, noting that most firms will be seeking further rate increases to offset the difficulties of the past year. With more planes grounded than in the skies, 2020 was an unprecedented challenge for ... Read the full article
Colonial Pipeline cyber attack a wakeup call: McGill & Partners
11th May 2021
Analysts at specialist insurance broker McGill & Partners have said that the recent cyber attack on Colonial Pipeline should serve as a “wakeup call to organisations all over the world.” Last week’s ransomware attack on the largest fuel pipeline in the US took the service offline over the weekend, causing major ... Read the full article
Near-term outlook on aviation industry “bleak”, says McGill and Partners
10th May 2021
Insurance broker McGill and Partners has described the aviation industry's near-term outlook as bleak, noting the differing vaccination efforts by world's governments and geographically varied return of passenger demand In 2020 the industry reported losses of $118 billion, with demand down 65.9% against 2019. Furthermore, McGill and Partners reports that nearly 17,000 ... Read the full article
McGill and Partners joins LIIBA
13th January 2021
The London and International Insurance Brokers’ Association (LIIBA) has announced that McGill and Partners has joined the association. Start-up specialist insurance and reinsurance broker, McGill and Partners, was launched in 2019 by insurance broking veteran, Steve McGill. Commenting on the broker's decision to join LIIBA, the associations Chief Executive, Chris Croft, ... Read the full article
McGill and Partners adapted well to COVID-19: Paul Summers
10th December 2020
Whilst some in the (re)insurance industry are still reeling from the shock of COVID-19, start-up specialist (re)insurance broker McGill and Partners says a focus on technology and creativity has allowed it to adapt well to the pandemic. This is the view of Paul Summers, Head of Global Facultative Reinsurance, who in ... Read the full article
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