CGSC appoints three; targets opportunities in structured products
CGSC North America, part of broker Cooper Gay Swett & Crawford, has made three senior appointments in its business development, partnerships and marketing operations. All will report to Tom Ruggieri, CEO of CGSC North America.
William Ludington joins as executive vice president for carrier management and alternative markets. He will provide carriers with one point of contact for strategic partnership opportunities related to the $2.5 billion in premium sourced by CGSC from retail brokers in North America.
He will also develop partnerships and new business opportunities by accessing alternative sources of insurance capital via structured products such as catastrophe bonds and other forms of insurance linked securities.
Ludington joins from Canaccord Genuity where he was head of the US Structured Products Sales team and has held positions at Marsh, JP Morgan, UBS, and CapRok Capital.
Mason Power joins as chief marketing officer. He will be responsible for modernising its marketing infrastructure and tactics and tasked with building further brand awareness of CGSC's range of products and services among its clients and carrier partners.
Mason was previously chief marketing officer at Agencyport, ran global sales, marketing and customer relationship management for Advisen and was a board director at Web Connectivity.
Mark Smith joins as senior advisor to both Tom Ruggieri, CGSC North America's CEO, and to the company's executive management committee. He will focus on developing new markets and strengthening the company's existing capabilities across over a dozen product and industry-specific practice areas.
Smith was previously managing director and a member of the executive committee for RT Specialty. He began his career as a casualty underwriter for Facultative Group and has held positions as President of AmWINS Brokerage and President and CEO of Stewart Smith Group.
Ruggieri said: "Attracting individuals of the calibre of Wim, Mason and Mark to the team is a clear demonstration of our commitment to operational excellence while maintaining the core values that our customers expect. Their experience and expertise will also bring an important expansion to CGSC North America's brokerage and underwriting capabilities."
