We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals. WebGuy Carpenter Contact Info: Phone number: (917) 937-3000 Website: www.guycarp.com What does Guy Carpenter do? Get in touch directly using our contact form. Gardner and two other execs quit Guy Carp for Lockton Re Guy Carpenter announced the appointments of Matt Petka as Managing Director and Riley Underwood as Senior Vice President within its GC Access business unit, with immediate effect. Director of Canada at QBE Services Inc. in 2016-17. 24. Save my name, email, and website in this browser for the next time I comment. WebJohn Jenkins, CEO of P&C Reinsurance Operations in the Americas, SCOR Jed Rhoads, President, Global Re, Markel Global Re Trevor Carvey, CEO, Conduit Re Lisa Butera, Through the range of services and analytical solutions that Michael and the team offer, we are helping position our clients to capitalize on the expanding opportunities this sector provides. Back in January, Guy Carpenter unveiled a new division and a series of leadership appointments that will come into being once MMCs acquisition of JLT For them, and those who join us today, the durability of the firms leadership is more than a fact. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Guy Carpenter was founded in 1922. Guy Carpenter Sponsor Us Analytics professionals dovetail with our Business Intelligence specialists who compile market data for benchmarking and pricing strategies. WebGuy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of The program market has expanded rapidly in recent years, creating huge potential for our clients to grow and capitalize on the significant opportunities that exist in this sector, Jameson said. Our dedicated experts, cutting-edge tools and data insights lead your business to smarter solutions. Securities or investments, as applicable, are offered in the United Kingdom by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Conduct Authority. Guy Carpenter has pioneered flood modeling in Europe, Latin America and Asia, including the first flood models for several Chinese cities. All content copyright Steve Evans Ltd. 2021 All rights reserved. Along with quantitative precision, precise language became a hallmark of the firm. WebGuy Carpenter has the scope and sophistication to help insurers develop durable capital structures using a mix of permanent and market-sourced capital, including catastrophe bonds, Insurance-Linked Securities, sidecars, collateralized reinsurance vehicles and Industry loss warrants. Rating agencies universally evaluate and assess a companys ability to understand and effectively manage risk relative to capital. Furthermore, managing your rating agency relationship(s) is increasingly costly in terms of both time and resources as the risk landscape transforms quickly and rating agencies react. Narrowing the Protection Gap: Climate Change and the Public Sector. The Companys 78,000 colleagues advise clients in 130 countries. We are the industry leader in automatic and semiautomatic programs that enable clients to address individual risks with precision Facultative Reinsurance | Guy Carpenter GLOBAL LOCATIONS Guy Carpenters Reinsurance Decision Tool provides you a transparent balanced scorecard of those metrics, giving you confidence in understanding and communicating the value of your reinsurance purchases. Guy Carpenter Trace is CEO of North America. We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals. 9/11 attacks: Industry remembers 20 years on | Business Insurance About Us We help our clients select the best available models for each peril and geography, and help them evaluate and apply the results. The InsurTech COE will offer a broad range of reinsurance broking, advisory and analytical services customized for the bespoke needs of (re)insurance carriers and MGAs operating on cutting-edge technology-driven platforms. In Guy Carpenter North America, Tim Gardner, CEO of GC North America, and John Trace, President of GC U.S., will stay in their leadership roles. Measure the risk that inflation poses to reserves. Your email address will not be published. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy. John He joins from Willis Re, where he was Executive Vice President managing a team focused on MGA and program business. Refine See titles to watch instantly, titles you haven't rated, etc. Mr. Aronchick has a strong track record in the P&C space and has led many key initiatives that brought innovative transactions to market, both with established carriers as well as tech-enabled underwriting entities. New York, October 20, 2021 Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan (NYSE: MMC), announced today the launch of the Guy Carpenter InsurTech Center of Excellence (COE) to provide comprehensive services to (re)insurance carriers and Managing General Agents (MGAs) powered through modern technology platforms. Mr. Petka brings more than 22 years of broking experience to the role, with extensive knowledge of the U.S. auto and property sectors. WebAll of John Carpenter's movies, ranked by my personal preference. Whether you are Bradley Maltese, deputy CEO of UK and Europe at JLT Re, will become vice chairman of Global Specialties, reporting to Mr. Boyce. At Guy Carpenter North America, Tim Gardner, CEO of GC North America, and John Trace, president of GC U.S., will continue in their leadership roles. Weve seen how everything from minor inconveniences to significant disruptions can send the supply chain spiraling, causing product shortages, port congestion, imbalances in supply and demand, price hikes, and more. WebGuy Carpenter places over $1.6 billion in facultative reinsurance, tapping global markets to find the most comprehensive and competitive terms for our clients. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Analysts at JP Morgan have estimated that total natural catastrophe , Specialist analytics and consulting firm Insurance Capital Markets Research (ICMR) , P&C insurer Chubb has appointed industry veteran Steven M. Hill . This integrated solution helps Guy Carpenter clients enhance underwriting discipline, improve profitability and drive growth. Ad - Leaderboard - AXA, Call us toll free: (800) 827-4242 Or Contact Us, Learn more about Captive.com Sign up to get our free newsletter, Captive.com, International Risk Management Institute, Inc. (IRMI), 12222 Merit Drive, Suite 1600, Dallas, TX 75251-2266, Copyright 20142023 International Risk Management Institute, Inc. (IRMI). Technology-enabled analytics put you in control. Narrowing the Protection Gap: Climate Change and the Public Sector, Chart: Guy Carpenter Continental Europe Property Catastrophe Rate on Line Index, 2000-2023, Video: Guy Carpenters David Priebe Discusses ROL Index, Market Conditions, Chart: Guy Carpenter US Property Catastrophe Rate on Line Index, 2000-2023. A year of big losses pushed the next years premiums too high; a lucky year sent prices down, often exposing insurers and reinsurers to more risk than they had bargained for. Trace is CEO of North America. Narrowing the Protection Gap: Climate Change and the Public Sector. David Flandro, global head of analytics at JLT Re, will become global head of economics and franchise risk advisory, reporting to Rob Bentley, CEO of Guy Carpenter Global Strategic Advisory. We have 220,000+ monthly reinsurance news readers & 18,000+ daily email subscribers. Guy Carpenter Peter Askew is the new president and CEO of Guy Carpenter & Company LLCs Canadian operations. Video: Guy Carpenters David Priebe, John Trace Discuss January WebJohn Trace, CEO, North America, Guy Carpenter, added: GC Access has already helped to set a new standard for program delivery in the MGA sector since its launch in 2020. The company currently maintains a large portfolio of InsurTech clients totaling nearly $3 billion in direct written premium (DWP), including many of the initial public offering (IPO) and special purpose acquisition companies (SPAC) transactions. In addition, Mr. Maltese will work with the senior leadership team to further develop and grow the Global Specialties client offering and will also play a key role in executing the integration of the JLT Re Specialty practices with Guy Carpenter. Guy Carpenter names new head of Canadian operations Reach the largest reinsurance audience. What Are the Key Elements of a Captive Feasibility Study? Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. At the same time, re/insurance business models have been progressing alongside developments in data, information and technology, which are influencing the way companies analyse, select, distributed and mitigate risk. Guy The COE will build upon the many successes that Guy Carpenter has achieved in the InsurTech space to date, which began in 2018 with the creation of GC Genesis as an advisory offering. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Where models are insufficient or non-existent we have developed our own. Until this past March, Lundy was national business unit leader, general industries at Purves Redmond Limited. Most recently, he was Senior Vice President responsible for new account production and account management. Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Guy Carpenter launches InsurTech Center of Excellence We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals. The systematic approach does more than test the models. Guy Carpenters Model Suitability Analysis (MSA) puts alternative catastrophe models through a rigorous comparison, identifying strong points and deficits. In this role, Mr. Fox will be responsible for servicing multinational clients in the region and producing new business, as well as working with Mr. Gallagher on designing and delivering key strategic priorities for the region. The best John Carpenter-movies (full list Our deep analysis of industry segment breakouts reveals pockets of volatility and profitability amid the evolving challenges and opportunities faced by carriers as they carve out distinctive strategies and operational initiatives to create opportunities, said Trace. Market competition demands distinctive strategies: John Trace, Based in Dallas, Texas, they will report to Michael Jameson, President, GC Access. John J. Prior to this role, he was President, US and was responsible for Guy Carpenter's New York Metro Treaty Region. Commenting on the appointments, Mr. Jameson said: Todays announcement of these two senior appointments demonstrates our full commitment to building on the considerable success achieved to date by GC Access. Why Should You Consider Forming a Captive Insurance Company? Inside P&C North America Conference 2021 Guy Carpenter continues to serve some of its original clients and clients that have come to us in every decade since. E: David.M.Lightfoot. Chairman, Global Capital Solutions, International, General Counsel and Chief Compliance Officer. Guy Carpenter announces two senior hires In its 2019 Risk Benchmark Research, Guy Carpenter reported that property lines in excess of $200 billion of written premiums are experiencing pressure due to catastrophes, reinsurer rate actions and atypical reserve adverse development. MetaRisk brings underwriting, reserve, catastrophe, credit, and risk assessment capabilities together in a single economic capital planning solution. Understanding the unique perspectives of each rating agency is paramount to managing credit ratings. Guy Carpenter: Employee Directory | ZoomInfo.com John Trace Email & Phone Number - Guy Carpenter | ZoomInfo Trace said: I am delighted to welcome Robert and Peter to Guy Carpenter. John J. Trace - Guy Carp Find the latest insights from Guy Carpenter and Marsh McLennan expertson the issues impacting your risk, capital and strategic goals. Carpenter insisted on clarity: Contracts were more inclusive, citing only those perils that were excluded. October 19, 2020 Mr. Harrison will be responsible for new business production, client management, and delivering advisory, growth, and placement expertise, as well as access to the London market for North American clients. Guy Carpenters MetaRisk Reserve predictive modeling tool for reserve risk is the first of its kind: a tool so easy to use that it can be integrated into a spreadsheet with any data, allowing our clients to perform sophisticated analyses to: MetaRisk Reserve captures hidden inflationary trends in historical data, enabling clients to model how inflation increases alter their reserve picture going forward. Randy Carroll, CEO of the Insurance Brokers Association of Ontario (IBAO) from 2005 through 2014, is now an advisor with Apollo, a Toronto-based insurtech that aims to cut down the amount of time it takes a broker to process applications. | History | Guy Carpenter It helps Guy Carpenter clients fine-tune their own tolerances for risk and evaluate not simply accept a models result. John Trace has been working as a Chief Executive Officer (North America) at Guy Carpenter for 19 years. The COE will facilitate Guy Carpenters delivery of specialized capabilities for these clients and prospects, including market-entry analysis, portfolio construction, actuarial support, rating advisory and capital modeling. Having good data and analytics alone will not be enough, it warned, as successful firms will be those who are able to leverage data and turn it into actionable strategies that create opportunities for growth. Find the latest insights from Guy Carpenter and Marsh McLennan expertson the issues impacting your risk, capital and strategic goals. Analytics | Guy Carpenter Mr. Harrison will join the Guy Carpenter Executive Committee and will support the overall integration of JLT Re's UK and European businesses with Guy Carpenter. The rolling average identified the signal in the noise of year-to-year fluctuations. | Guy Carpenters long-term commitment to maintaining a deep talent pool is clearly evidenced by Peters promotion, John Trace, Guy Carpenters CEO of North America, commented. Guy Carpenter brings together the world's top (re)insurance specialists, industry-leading analytics and the financial strength of Marsh McLennan to offer you a vast network of expertise across a broad range of industries and capabilities. Guy Carpenter Adds Leadership Connected with JLT Acquisition James Nash will continue as CEO of Guy Carpenter International. The unit offers a range of services to carriers and MGAs operating in the dynamic program market, including carrier and reinsurance transactions, captive support, insurtech expertise and program startup roadmaps. He is a member of the firm's Executive Committee. Insurance Insider is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, Aircraft engines lessor sues insurers over ~$90mn losses from Russia-Ukraine war, AerCap admits contact with Russian airlines over potential settlements, Hiscox launches full-cycle broker extranet, IGI Q4 profit rockets to $25.7mn on investments, NEP growth, BMS hires Price Forbes Collier and Saggers in energy expansion, The Week in 90 Seconds: Lloyds look-ahead; Renewable energy divide; American Club interview, Scor management insists dividend policy unchanged despite cut, Discover things you shouldn't even know yet. Guy Carpenter & Company, LLC, will expand leadership and form a new global capital solutions group in conjunction with the Jardine Lloyd Thompson Group plc (JLT) acquisition. WebThe organizational chart of Guy Carpenter Facultative displays its 17 main executives including John Trace, Robert Johnston, Laurence Upton and Jessie Zhang We use cookies to provide a better service. Guy Carpenter brings objectivity, as well as expertise, to the business of catastrophe modeling. Locations. In his new position, Mr. Petka will assume a senior leadership role within GC Access, responsible for overseeing solution development and client management. Mr. Hochberg will also support the overall integration of JLT Re's North America business with Guy Carpenter. 2. Insurers are re-evaluating capital and how to better leverage reinsurance as market dynamics shift, Trace continued. Our ability to continually attract great talent to our organization is a further testament to the leading position that we have established., Click here to register to receive e-mail updates >>. Top Global Insurance & Reinsurance Brokers, Nat cat insured losses in Q1 between $6-8bn thus far, says JP Morgan, ICMR forecasts below 90% combined ratio for Lloyds, Chubb names head of Management Liability for NA Financial Lines. Ed Hochberg, CEO of JLT Re in North America, will become head of the Global Capital Solutions practice, advising clients on capital, reinsurance optimization, and risk transfer solutions. Accessibility. Mr. Fisher will continue working with the leadership team to deliver enhanced client solutions across the UK and Global Specialties platform. James Boyce, currently deputy CEO Global Specialties and head of Nonmarine Specialties at Guy Carpenter, will become CEO of Global Specialties. What Is a Fronting Arrangement and Why Do Captive Insurers Use Them? Commenting on the launch, John Trace, CEO of North America at Guy Carpenter, said: GC Access truly represents the scale and scope of capabilities and expertise that Guy Carpenter can bring to support this important client segment. His expertise lies in specialty and alternative reinsurance products, including captives, risk retention groups and programs. Prior to this role, he was President, U.S. and was responsible for Guy Carpenter's New York Metro Treaty Region. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter. John Trace was meeting with a small group on the 52nd floor of the World Trade Centers south tower, the headquarters for Guy Carpenter & Co. by Canadian Underwriter Staff. Search our database of over 100 million company and executive profiles. Guy Carpenter, the reinsurance broking arm of Marsh McLennan, has appointed Matt Petka as Managing Director and Riley Underwood as Senior Vice President within its GC Access business unit. With competition and change still the defining factors in todays market, re/insurers must carve out distinctive strategies to maximise their potential for success, according to John Trace, CEO, North America, at Guy Carpenter. Profile: Executive vice president of Benfield Canada from 1999 through 2009. For the best experience we recommend upgrading to the latest version of these supported browsers: I wish to continue viewing on my unsupported browser. Get reinsurance news by email here. WebJohn J. WebDas Organigramm von Guy Carpenter Facultative zeigt 17 Fhrungskrfte, einschlielich einschlielich John Trace, Robert Johnston, Laurence Upton und Jessie Zhang We use cookies to provide a better service. Guy Carpenter has developed a range of tools to help companies manage risk. The members of the Guy Carpenter Executive Committee are deeply experienced in every facet of the insurance and reinsurance industry, in every region of the world. Contribute. It will not only help us further strengthen the partnerships we have developed with numerous carriers and MGAs at the leading edge of InsurTech, but also open up considerable new opportunities to grow our presence in this highly relevant space., Guy Carpenter, Marsh McLennan, InsurTech Center of Excellence, Reinsurance, Managing General Agent, MGA, Max Aronchick, John Trace, Will Garland. Narrowing the Protection Gap: Climate Change and the Public Sector. We deliver insight into the global (re)insurance market to help you achieve your capital, growth and volatility goals. Commenting on the launch, John Trace, CEO, North America, Guy Carpenter, said: The InsurTech COE positions Guy Carpenter at the forefront of the development of the tech-empowered insurance market. Guy Carpenter has hired over 150 brokers globally in less than a year from its two main competitors Aon and Willis Towers Watson as their merger saga wound on, ultimately collapsing. It is a promise. Contract language written by Carpenter himself still appears in reinsurance contracts issued by our company and its competitors around the world. In this role, he will lead the London division of Guy Carpenter's North America business, reporting to Mr. Gardner. Our dedicated experts, cutting-edge tools and data insights lead your business to smarter solutions. Mr. Boyce will report to Mr. Hearn and will join the Guy Carpenter Executive Committee.