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
The insurance market supertanker is slowly changing course, but more innovation and less duplication is needed to keep Lloyd’s relevant, argues Munich Re Syndicate’s Dominick Hoare
While facultative submissions are rising, Arch Re Fac’s Santiago Hernandez is aware that buyers’ risk perception can be a fickle thing. All the more reason to have cut back wildfire exposures early…
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