McGill and Partners names new CFO

McGill and Partners names new CFO | Insurance Business America

Insurance News

McGill and Partners names new CFO

Exec to succeed company co-founder in the role

Insurance News

By
Ryan Smith

Global specialist (re)insurance broker McGill and Partners has announced the appointment of Dominic Mignon as group chief financial officer, effective July 1.

Mignon will succeed Oliver Corbett, one of the founders of McGill and Partners. Corbett, who has held the CFO role for more than four years, will remain an investor and advisor to the firm.

Corbett was one of the firm’s original founders, helping to establish the business in 2019. Since then, he has served as a board member and a member of the executive committee, helping to build out the firm across new specialties and territories.

Mignon was appointed deputy CFO in March 2022 as part of a planned succession. He will take the role of group CFO subject to confirmation of any outstanding approvals.

“On behalf of both myself and the board, I would like to extend our thanks for the exceptional role Oliver has played as we have rapidly build a global business at scale with over 500 colleagues, in excess of US$100 million of revenue in 2021, our second full year of trading, and achieving underlying profitability in 2022, our third full year of trading,” said Steve McGill, founder and CEO of McGill and Partners. “I am delighted that Oliver will continue as both an investor and as an advisor to the firm. I am very pleased that in Dominic Mignon we have a natural successor, and I look forward to working with Dominic in his future role as group CFO as we continue to grow the firm for the benefit of all stakeholders.”

“Oliver played a critical role, working closely with us at Warburg Pincus, in the formation of McGill and Partners, helping to grow a significant and differentiated business in the insurance sector,” said James O’Gara of private equity firm Warburg Pincus, an investor in McGill and Partners. “We’d like to add our thanks and look forward to continuing to work with Oliver in his new advisory role.”

“It has been an extraordinary privilege to found a business, nurture it through COVID, move it to underlying profitability and leave it well-placed for the future,” Corbett said. “It is now the right time for me to step back and take my new advisory position. I remain a long-term investor in McGill and Partners and wish Steve, Dominic and the broader team every success.”

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