The appointments are subject to the closing of the transaction between Guy Carpenter's parent company, Marsh & McLennan Companies, and JLT. Advisors whove been there. In this role, Mr. Flandro will oversee Guy Carpenter's global thought leadership, business intelligence, ratings advisory, and market intelligence units. Along with quantitative precision, precise language became a hallmark of the firm. In this role, he will lead the London division of Guy Carpenter's North America business, reporting to Mr. Gardner. Specialized centers of excellence that focus market knowledge and analytics on unique challenges, The first integrated financial analysis platform to support clients reinsurance and capital decisions, The first analytic solution to manage potential risk accumulation in personal accident portfolios, Cross-industry collaboration with the World Bank to reduce disaster vulnerability in developing regions, Pioneering flood models in Europe, Latin America, Asia and South Asia, The first analytic tool that assesses the profitability of policies being written and the profitability of entire portfolios, The first frequency and severity model for Directors & Officers liability in U.S. publicly traded corporations, The first exposure rating tool to pinpoint costly excess losses in workers compensation portfolios, Capital adequacy projection and benchmarking tools to prepare European Union clients for regulatory changes. Ad - Leaderboard - AXA, Call us toll free: (800) 827-4242 Or Contact Us, Learn more about Captive.com Sign up to get our free newsletter, Captive.com, International Risk Management Institute, Inc. (IRMI), 12222 Merit Drive, Suite 1600, Dallas, TX 75251-2266, Copyright 20142023 International Risk Management Institute, Inc. (IRMI). Keith Harrison, CEO of United Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. For the first time, producers and insurers could anticipate rates and manage costs. The COE will facilitate Guy Carpenters delivery of specialized capabilities for these clients and prospects, including market-entry analysis, portfolio construction, actuarial support, rating advisory and capital modeling. Most recently, he was Senior Vice President responsible for new account production and account management. From 1999 through 2009, Askew was executive vice president of Benfield Canada. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. Weve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. For them, and those who join us today, the durability of the firms leadership is more than a fact. Measure the risk that inflation poses to reserves. Companies. Director of Canada at QBE Services Inc. in 2016-17. For the best experience we recommend upgrading to the latest version of these supported browsers: I wish to continue viewing on my unsupported browser. We understand the criteria and procedures from the various rating agencies to aid in the day-to-day and overall management of the relationship and to ensure you are communicating effectively. WebGuy Carpenters Ratings Advisory Team consists of experienced professionals that help clients effectively and efficiently manage their rating agency relationship. Trace is CEO of North America. The Carpenter Plan enabled insurance of all losses over a certain level. Follow. WebAs a young man in the cotton insurance business, Guy Carpenter discovered that the business was haphazard and reactive. Kevin Fisher, currently CEO of Guy Carpenter Global Specialties, will become chairman of Guy Carpenter UK & Specialties. Securities or investments, as applicable, are offered in the United Kingdom by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Conduct Authority. Mr. Harrison will be responsible for new business production, client management, and delivering advisory, growth, and placement expertise, as well as access to the London market for North American clients. Analytics | Guy Carpenter Who in Guy Carpenters world knows the most about the challenge you face? He is a member of the firm's Executive Committee. |. At the same time, re/insurance business models have been progressing alongside developments in data, information and technology, which are influencing the way companies analyse, select, distributed and mitigate risk. Tim Gardner, CEO of Guy Carpenter North America, and John Trace, president of Guy Carpenter US, will continue in their leadership roles. Your email address will not be published. The Company | Guy Carpenter Guy Carpenters Model Suitability Analysis (MSA) puts alternative catastrophe models through a rigorous comparison, identifying strong points and deficits. In addition, Mr. Maltese will work with the senior leadership team to further develop and grow the Global Specialties client offering and will also play a key role in executing the integration of the JLT Re Specialty practices with Guy Carpenter. Alongside Mr. Underwood, he will focus on delivering programs for U.S. regional clients in the MGA sector. He will report directly to Robert Johnston and John Fletcher, CEO of Bermuda. Commenting on these appointments, Mr. Narrowing the Protection Gap: Climate Change and the Public Sector. Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities. For the best experience we recommend upgrading to the latest version of these supported browsers: I wish to continue viewing on my unsupported browser. Guy Carpenter products integrate data sets that usually live in isolation, enabling clients to see and manipulate the whole mosaic of factors that drives risk and profitability. For the best experience we recommend upgrading to the latest version of these supported browsers: I wish to continue viewing on my unsupported browser. Haven't seen "Someone Watching Me", "Pro-Life", or his early short films, and I've left out some of his writing-only credits, but otherwise a complete list. | What Is a Fronting Arrangement and Why Do Captive Insurers Use Them? John Prior to this role, he was President, US and was responsible for Guy Carpenter's New York Metro Treaty Region. James Boyce, currently deputy CEO Global Specialties and head of Nonmarine Specialties at Guy Carpenter, will become CEO of Global Specialties. The Ratings Advisory team works in collaboration with the rest of your Guy Carpenter team to provide best in class solutions to achieve your strategic and rating goals. | Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities. Leading the team, Max Aronchick brings many years of experience within Guy Carpenter. This experience and expertise is a valuable resource for clients to help mitigate the cost and time needed to manage ratings. This integrated solution helps Guy Carpenter clients enhance underwriting discipline, improve profitability and drive growth. Drones: The Future of Disaster Relief Guy Carpenter restructures to accommodate JLT Re teams Mr. Underwood is a highly accomplished senior broker who also joins from Willis Re. Trace is CEO of North America. The InsurTech COE will offer a broad range of reinsurance broking, advisory and analytical services customized for the bespoke needs of (re)insurance carriers and MGAs operating on cutting-edge technology-driven platforms. WebGuy Carpenter places over $1.6 billion in facultative reinsurance, tapping global markets to find the most comprehensive and competitive terms for our clients. WebGuy Carpenter Contact Info: Phone number: (917) 937-3000 Website: www.guycarp.com What does Guy Carpenter do? Through the range of services and analytical solutions that Michael and the team offer, we are helping position our clients to capitalize on the expanding opportunities this sector provides. Find the latest insights from Guy Carpenter and Marsh McLennan expertson the issues impacting your risk, capital and strategic goals. We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals. Inside P&C North America Conference 2021 Where models are insufficient or non-existent we have developed our own. About Us WebJohn J. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The past few years have felt like a lesson in supply chain fragility. The application helps you: GC AdvantagePoint applies a powerful analytic engine to risk insights previously viewed only in isolation. Randy Carroll, CEO of the Insurance Brokers Association of Ontario (IBAO) from 2005 through 2014, is now an advisor with Apollo, a Toronto-based insurtech that aims to cut down the amount of time it takes a broker to process applications. Simon Keeley, currently head of London North America for Guy Carpenter, and Mark Higgins, currently head of London North America for JLT Re, will both report to Mr. Harrison and form part of the senior leadership team that will integrate the businesses and position the combined entity for continued growth. Find the latest insights from Guy Carpenter and Marsh McLennan expertson the issues impacting your risk, capital and strategic goals. WebGuy Carpenter has the scope and sophistication to help insurers develop durable capital structures using a mix of permanent and market-sourced capital, including catastrophe bonds, Insurance-Linked Securities, sidecars, collateralized reinsurance vehicles and Industry loss warrants. Guy Carpenter Adds Leadership Connected with JLT Acquisition WebMain Office: 1166 Avenue of the Americas, New York, NY 10036. Guy Carpenter Website Privacy & Cookies and Disclaimer. In its 2019 Risk Benchmark Research, Guy Carpenter reported that property lines in excess of $200 billion of written premiums are experiencing pressure due to catastrophes, reinsurer rate actions and atypical reserve adverse development. The Companys 78,000 colleagues advise clients in 130 countries. Commenting of the brokers annual review of property and casualty (P&C) results, Trace noted that new sources of capital and low interest rates are increasing the pressure to focus on underwriting rather than investment returns. LLC., when a loud Back in January, Guy Carpenter unveiled a new division and a series of leadership appointments that will come into being once MMCs acquisition of JLT Ed Hochberg, CEO of JLT Re in North America, will become head of the Global Capital Solutions practice, advising clients on capital, reinsurance optimization, and risk transfer solutions. In this role, Mr. Fox will be responsible for servicing multinational clients in the region and producing new business, as well as working with Mr. Gallagher on designing and delivering key strategic priorities for the region. Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities. Guy Carpenter announces two senior hires Trace said: I am delighted to welcome Robert and Peter to Guy Carpenter. Reinsurance buyers need to demonstrate benefits to many different constituents, each of whom focuses on different key decision metrics: ceded premium, capital cost savings, combined ratio benefit, earnings stabilization, even rating agency capital adequacy. Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities. Contribute. GC AdvantagePoint integrates point-of-sale decision making with strategic portfolio planning and performance management in a single, easy-to-use solution. Based in Dallas, Texas, they will report to Michael Jameson, President, GC Access. Guy Carpenter Guy Carpenter & Company, LLC, will expand leadership and form a new global capital solutions group in conjunction with the Jardine Lloyd Thompson Group plc (JLT) acquisition. By bringing together an extensive team of sector experts exclusively dedicated to this rapidly evolving environment, our aim is to provide the most relevant services and solutions, coupled with market insight and intelligence to support industry innovation., Will Garland, President, Centers of Excellence, Guy Carpenter, added: The establishment of the InsurTech COE is a clear next step for Guy Carpenter. Matt and Riley are both seasoned practitioners in the MGA arena who bring depth of market insight that is critical to developing the fully optimized program solutions we deliver for our clients., John Trace, CEO, North America, Guy Carpenter, added: GC Access has already helped to set a new standard for program delivery in the MGA sector since its launch in 2020. At the beginning of the 20th Century, cotton production was the most important commercial enterprise in the American South, making the insurability of harvested cotton vital to the economic stability of the region. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. With annual revenue over $18 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses including Marsh, Mercer, and Oliver Wyman. 07337195 Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. John Trace Email & Phone Number - Guy Carpenter | ZoomInfo Profile: Executive vice president of Benfield Canada from 1999 through 2009. Big Moves: New CEO at Guy Carpenter Canada - Canadian We deliver that person. A year of big losses pushed the next years premiums too high; a lucky year sent prices down, often exposing insurers and reinsurers to more risk than they had bargained for. Most recently COO of American International Group (AIG) Canada, Lipman took over the role from Lisa Duval, who had served as Lloyds Canadas interim attorney-in-fact and chief agent since 2019. Your email address will not be published. His decades of local market knowledge and understanding of the unique demands of our clients will ensure that our Canadian operations continue to go from strength to strength.. WebGuy Carpenter, Marsh McLennan, InsurTech Center of Excellence, Reinsurance, Managing General Agent, MGA, Max Aronchick, John Trace, Will Garland. Our ability to continually attract great talent to our organization is a further testament to the leading position that we have established., Click here to register to receive e-mail updates >>. All content copyright Steve Evans Ltd. 2021 All rights reserved. Commenting on the appointments, Mr. Jameson said: Todays announcement of these two senior appointments demonstrates our full commitment to building on the considerable success achieved to date by GC Access. Through this arrangement, Celent will provide market-leading intelligence on insurance technology to Guy Carpenters clients. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Refine See titles to watch instantly, titles you haven't rated, etc. His expertise lies in specialty and alternative reinsurance products, including captives, risk retention groups and programs. What Are the Key Elements of a Captive Feasibility Study? Narrowing the Protection Gap: Climate Change and the Public Sector. Guy Carpenter brings objectivity, as well as expertise, to the business of catastrophe modeling. Agencies aim to be transparent in their rating evaluations and explicitly outline their rating methodology. Ad - Leaderboard - AXA Mr. Harrison will join the Guy Carpenter Executive Committee and will support the overall integration of JLT Re's UK and European businesses with Guy Carpenter. Our dedicated experts, cutting-edge tools and data insights lead your business to smarter solutions. WebJameson will be responsible for overseeing all activities across the new unit and will report to John Trace, Guy Carpenters CEO of North America. WebThe organizational chart of Guy Carpenter Facultative displays its 17 main executives including John Trace, Robert Johnston, Laurence Upton and Jessie Zhang We use cookies to provide a better service. We help our clients select the best available models for each peril and geography, and help them evaluate and apply the results. Tim Gardner, CEO of Guy Carpenter North America, and John Trace, president of Guy Carpenter US, will continue in their leadership roles. John J. Our job is putting knowledge at your fingertips and know-how in the room.