Personal Profile

Lockton Re has leveraged long-standing client and market relationships to get its burgeoning fac business moving, despite the challenges of global lockdown

Miller’s Michael Papworth remains a fac broker at heart and is bullish about the future of fac in today’s reinsurance market

With the company’s independence guaranteed by BCI and PCP’s recent investment, the BMS fac team says it is in an “advantageous position” to exploit market consolidation.

Paul Summers, former head of international at GC Fac, who stepped into his new role at McGill and Partners on 6 April, says the firm’s financial structure drives ‘total collaboration’

David Merry sees ‘tremendous scope’ to build up Besso’s facultative and wholesale plays – especially without the organisational restraints faced by rival firms

As head of a wide-ranging emerging markets business at Willis Towers Watson, Dubai-based Julian Samengo-Turner has a brief that covers “wherever Emirates flies”…

Clients who may have forgotten the benefits of facultative solutions are becoming re-acquainted with the market’s depth of expertise and knowledge, says Jeff Saper

With cedants taking a more strategic approach to buying reinsurance, fac reinsurance will play a more significant role in getting deals over the line, says Beatrix Hartinger

With pricing and capacity issues affecting specialty placements, Gallagher’s John Thompson says the differentiator for brokers is proving you are ‘a true specialist’

Markel- and Nephila-backed MGA Volante has rapidly grown its stable of underwriting platforms, but is now bedding down into ‘safe and silent’ mode, says founder Talbir Bains

Ron Diaz and Everest Re’s non-nonsense approach to facultative underwriting stresses the need to be both flexible and efficient in order to succeed in the market

Present market conditions mean fac brokers need to be more than just ‘postboxes’ and work harder to understand clients’ risks, says Capsicum Re’s Malcolm Payton