Ed obtains Guernsey license; hires Willis Towers Watson exec director

Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission.

The company has appointed Nick Bachmann as divisional director of professional and executive risks to head the expansion of Ed’s offering on the island.

Bachmann joins Ed from Willis Towers Watson where he most recently served as executive director, having managed its financial and professional risks offering in the Channel Islands for nearly six years.

Bachmann will report to James Baird, director professional and executive risks.

Baird said: "Obtaining a license in Guernsey is indicative of the Ed strategy and of how we will build our professional and executive risks business. This allows us to offer clients in this important, international financial centre direct access to global capacity and expertise whilst delivering solutions locally.

"Nick’s local expertise and understanding of international financial markets makes him the ideal candidate to drive our aspirations in Guernsey. I am very pleased to welcome him to the team."

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