Reinsurance specialist joins McGill and Partners in Bermuda
Specialist (re)insurance broker McGill and Partners has expanded its team in Bermuda with the appointment of Peter Stubbings as a partner. He joins from Aon and at McGill and Partners he will focus on reinsurance.
Kate Vacher, partner and CEO of McGill and Partners Bermuda, said: “For us as a broker, direct access to the Bermudan market helps facilitate mutual success across all our offices and compound the firm’s significant growth. We are excited to see the hub grow over the next few years, and we have big ambitions to bring both new premiums to Bermuda, as well as employing local Bermudan talent.”
Stubbings was CEO of Global ReSpecialty at Aon. Prior to this he was chairman of Guy Carpenter in Bermuda and now returns to the island.
McGill and Partners said the expansion of its team on the island “cements its dedication to the market and will enhance its ability to provide its local and global clients with a best-in-class service and global market access.”
Stubbings said: “I’m delighted to be joining the McGill and Partners team. The firm has rapidly built a stellar global reputation and continually looks at how it can do things differently and better. I’m looking forward to being part of this impressive growth story in Bermuda, a market that holds a key position in the global insurance and reinsurance industry.”
Steve McGill, founder and CEO of McGill and Partners, said: “It’s fantastic to see our Bermudan operations going from strength to strength. We appreciate that the local Bermudan market likes to have local brokers, and our approach enables access to other markets and the support of our other, global teams. We are also known for having a hugely successful talent acquisition strategy and as part of this we’re committed to hiring the very best in local Bermudan staff.”
