McGill and Partners bolsters Bermuda operation

Specialist (re)insurance coverage dealer McGill and Partners has introduced the appointment of Peter Stubbings as a associate. In his new position, Stubbings will concentrate on reinsurance. He might be based mostly within the agency’s Bermuda location.

Prior to becoming a member of McGill, Stubbings served as CEO of Global ReSpecialty. He has additionally served as chairman of Guy Carpenter in Bermuda.

“I’m delighted to be joining the McGill and Partners team,” Stubbings mentioned. “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.”

“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,” mentioned Kate Vacher, associate and CEO of McGill and Partners Bermuda. “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.”

“It’s fantastic to see our Bermudan operations going from strength to strength,” mentioned Steve McGill, founder and CEO of McGill and Partners. “We appreciate that the local Bermudan market like 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.”

Stubbings is the most recent addition to the McGill and Partners roster. Last month, the corporate introduced the appointment of Dominic Mignon as group chief monetary officer.

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