Specialist re/insurance broker McGill and Partners is opening a Bermuda operation later this month. The London-headquartered broker has received regulatory approval and has announced that Kate Vacher will lead the new office as CEO.
Vacher has 25 years’ experience working in the London and Bermuda markets, most recently as CEO of Bermuda and group underwriting director at Aspen Insurance Group. She will report to Angus Milgate, head of international treaty reinsurance.
Launched in May 2019, McGill and Partners already has offices in London, New York, Miami and Dublin and employs over 360 people. Its core business includes aviation and aerospace, complex property and casualty, financial lines and special risks, and structured solutions.
Steve McGill, CEO of McGill and Partners, said: “Bermuda was a clear next step for us as we continue our international expansion, and we are excited at the prospect of the hub growing over the next few years. Direct access to the market in Bermuda will help to facilitate mutual success across all our offices and compound the firm’s significant growth.
“We are delighted to have Kate on board to take the reins of the Bermuda office.”
Bermuda, McGill and Partners, Kate Vacher, Aspen Insurance Group, Angus Milgate, Steve McGill, broker, re/insurance, underwriting, risks, UK