20 May 2015 News

RFIB launches life reinsurance unit

Lloyd’s re/insurance broker RFIB Group has unveiled a life reinsurance unit, headed up by a former BMS executive.

Michael Crawcour will serve as divisional director of the operation. He previously served as divisional director at BMS where he was responsible for the launch and development of its life reinsurance division.

In addition, Valentine Stockdale has been appointed as account executive.

Jonathan Turnbull, chief executive officer of RFIB, said: “I am very pleased to announce the launch of our new life reinsurance proposition. Our focus is on differentiating ourselves by developing specialist expertise in niche areas combined with our commitment to providing a bespoke responsive service.

“We will continue to diversify our offering by recruiting individuals who share this ethos and who’s knowledge and market experience mark them out from their peers. Michael’s appointment is a clear example of this strategy in practice. His vast knowledge of the Life Reinsurance sector and career-long focus on client service makes him the ideal candidate to spearhead our new unit ”.

Crawcour added: “I am delighted to join RFIB to launch its new life reinsurance unit. There is a clear demand in this sector for innovative, bespoke risk transfer solutions and with RFIB’s reputation for service and expertise, I am confident that we will be able to furnish this demand and establish ourselves as a leader within this market.”

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