BGC Insurance Group, a division of BGC Partners, Inc. has named Philip Smaje as Chief Executive Officer (CEO) of its new global aviation and space re/insurance brokerage.
The appointment of Smaje follows the recent addition of JLT’s Marcel Chad as President of the unit and subject to regulatory approval, Smaje will join the firm on completion of his notice period obligations.
Most recently, Smaje served as Global Head of Broking at insurance and reinsurance broker, Willis Towers Watson (WTW). He joined WTW in 1988 in its Aviation division, and went on to hold a number of senior roles, which includes CEO of its Global Aviation Practice.
BGC Insurance Group’s Chief Commercial Officer, Andrew Wallin, commented: “We have set out to create an entrepreneurial environment that will attract industry leading talent, aligned to innovative technology resulting in a truly differentiated client value proposition.
“This appointment reinforces our commitment to the aerospace sector and I am delighted that Philip is joining us to lead the team. Together he and Marcel will build a potent alternative global proposition for clients.”
Chad added: “Philip and I worked together in our early careers and share common values and philosophies while offering diversity in our competencies, expertise and relationships. I very much look forward to working with him again in this exciting new venture.”