Miller
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The executive joins the company as it looks to bolster its reinsurance capabilities. -
John Duda joins from Markel, where he led the retro portfolio management team and was instrumental in the launch of Markel’s ILS fund, Lodgepine Capital Management.
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Duda will be the latest exit from Markel after Lodgepine’s closure.
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The former Peak Capital CEO has left the ILS platform he set up.
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The retro specialist joins the firm as it prepares to expand its reinsurance interests after spinning out of Willis.
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The exec was speaking after the broker was acquired by Cinven and GIC in a multi-hundred million deal.
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Canadian pension funds have shown an interest in buying assets in the London market.
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The broker said it was considering next steps for the wholesale arm to maximise its growth.
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Terms of the deal were not disclosed.
