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Brad Adderly, Appleby; Adam Champion, Ed Broking; Prashanth Gangu, SiriusPoint; Peter Horrobin, Banyan Risk; Peta White, Vantage Risk
Recruitment is a perennial struggle for Bermuda’s re/insurance industry. The class of 2020/21 won’t escape that, but it could have some powerful strategic advantages in the war for talent.
New arrivals to Bermuda’s market tend to arrive in a benign environment. The nature of the insurance cycle means most enter a hard market, and that’s no different for the startups in the last couple of years.
“There’s no denying that timing is a big part of the new class,” said Prashanth Gangu, chief operation officer of SiriusPoint. It launched in February 2021, following the merger of Third Point Reinsurance and Sirius International Insurance Group.
“Out of the gate, all the new startups have demonstrated fantastic results in terms of underwriting.”
Appleby, Ed Broking, SiriusPoint, Banyan Risk, Vantage Risk, ILS, Insurance, Reinsurance, Brad Adderley, Adam Champion, Prashanth Gangu, Bermuda