2 August 2019Insurance

BGC snags aviation broking duo from Marsh JLT Speciality

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has appointed Mark Costin and Oyin Heath to join its  newly-formed global aviation and space re/insurance broker as senior partners.

Both the executives come from Marsh JLT Speciality. They will join  Philip Smaje and Marcel Chad as the latest hires in the new team.

Costin most recently held the role of CEO of its aviation and aerospace division. He joined Marsh from Willis Towers Watson in 2002.

Heath was managing director and leader of the aerospace and manufacturer segments of the aviation and aerospace division. She joined Marsh from Aon in 2012.

Chad, BGCI’s president of global aviation and aerospace, said: “We have set out a compelling vision and ambition to build an entrepreneurial environment that will attract diverse and high calibre talent from across the industry, aligned with innovative technology resulting in a truly differentiated client value proposition.

“Mark’s appointment further reinforces our commitment to the aerospace sector. Together we will continue to build a potent alternative global proposition for clients. I am delighted, both personally and professionally, to welcome Mark to our growing team.”

He added: “Oyin brings substantial leadership and client experience to our team and her appointment is a testament to our continued ability to attract the industry’s top tier talent and further reinforces our commitment to the aerospace sector.

“Oyin will play a critical role in executing our strategy to deliver a differentiated and technology driven client proposition in the global aviation market. She will join at an exciting stage in our new venture’s development and I look forward to welcoming her to our growing team of market leading professionals.”

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More on this story

1 July 2019   BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has hired Willis' Philip Smaje as chief executive officer (CEO) of its new global aviation and aerospace re/insurance intermediary.
2 August 2019   There has been a reshuffle at Marsh’s aviation practice with the exit of key team members and the impending arrival of an experienced insurance executive from Boeing.
3 September 2019   BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners, has appointed Bruce Fine to join its new global aviation and space re/insurance brokerage as the managing partner for US aviation and aerospace.