Talent
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Retro is just the start for Markel’s new ILS platform, the firm’s reinsurance CUO said.
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He will take on the role of client and operations director based in Bermuda.
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The ILS fund, which contains insurance and reinsurance risk, continues to attract investors.
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The group has also hired Conor Gaffney and Nick Pascall in the London reinsurance business.
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Last week it was announced that Richard Lowther would be leaving the ILS manager after five years.
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The new hire will work with Third Point US president David Govrin to explore capital market alternatives.
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People moves in the ILS market at Aeolus, AIG Re, Arcus and more.
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Sean Bourgeois, founder and CEO of Tremor, expects the risk market to follow a path similar to that taken by the advertising industry.
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The ILS platform’s chief operating officer had helped drive growth to $1.5bn assets under management.
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Stephen Thompsett has been with the business since 2018 and Brandon Marshall since 2017.
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Lou Iglesias takes up the CEO job at Allied, having worked for the company since 2012.
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Sean Downes will remain with the business as executive chairman.