McGill and Partners bolsters Bermuda operation

McGill and Partners bolsters Bermuda operation | Insurance Business America

Insurance News

McGill and Partners bolsters Bermuda operation

Partner joins after stints at Global ReSpecialty, Guy Carpenter

Insurance News

By
Steven Byerley

Specialist (re)insurance broker McGill and Partners has announced the appointment of Peter Stubbings as a partner. In his new role, Stubbings will focus on reinsurance. He will be based in the firm’s Bermuda location.

Prior to joining McGill, Stubbings served as CEO of Global ReSpecialty. He has also served as chairman of Guy Carpenter in Bermuda.

“I’m delighted to be joining the McGill and Partners team,” Stubbings said. “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,” said Kate Vacher, partner 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,” said 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 latest addition to the McGill and Partners roster. Last month, the company announced the appointment of Dominic Mignon as group chief financial officer.

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