Global advisory firm Teneo has announced a series of new hires to bolster its international insurance advisory practice.
This includes two new Senior Managing Directors in Mark Allitt and Michael Tagg who both joined from KPMG in the summer.
Allitt brings more than two decades of insurance sector experience to the role, most recently serving as a Senior Partner at KPMG where he led the firm’s insurance advisory practice in Bermuda.
Tagg, an insurance restructuring specialist, has joined Teneo’s UK Financial Advisory team.
The company says that the expansion of its Insurance and Reinsurance Advisory Practice means that it will provide a full-service offering to insurance and reinsurance businesses of all shares and sizes.
The new senior team for Financial Advisory includes Mike Morrison, Charles Thresh, and Mark Allitt in Bermuda. As well as Alexander Schnieders in New York City, and Mick Summersgill and Michael Tagg in London.
The Strategic Communications and Investor Relations team is now comprised of Selena Callas, Doug Campbell, and Iain Dey, who are all based in London.
Meanwhile, the People Advisory unit includes Toby Crosthwaite and Freddie Williams-Thomas, who are also based in London.
Dan Butters, CEO of Teneo Financial Advisory, commented: “We are delighted to welcome such experienced and highly regarded insurance professionals to Teneo and our newly formed Insurance and Reinsurance Advisory Practice.
“With this major investment in our insurance team we are uniquely placed to advise our insurance clients across their entire corporate lifecycle, being a trusted partner to help them navigate and transform their businesses in the face of financial, ESG, geo-political, regulatory and societal change. As an independent advisory firm without an audit practice, Teneo can mobilize rapidly and provide a tailored, expert team.”
