Capsicum Re bolsters London P&C, cyber team with new hires

Specialist reinsurance broker Capsicum Re has hired BMS and Accenture executives for its London property and specialty division.

Ed Le Flufy has joined as a speciality broker, with a focus on cyber, reporting into Ian Newman, global head of cyber. He joins Capsicum Re from BMS Group, where he most recently served as divisional director of the global reinsurance team.

Piers English has joined as a treaty reinsurance broker reporting into Patrick Sheehy, partner – specialty casualty. English joins from Accenture, where he was a management consultant in the London market insurance division. Prior to this, he was a casualty treaty broker at Willis Re for four years.

Newman said: “Rapid technological evolution is making the possibility of a marketplace consisting of three core classes - property, casualty and cyber (PC&C) - ever more likely. In preparation, we continue to bring on exceptional talent of Ed and Piers’ calibre to bolster our capabilities, as we help clients navigate the new risks they face.”

Sheehy added: “I am delighted to welcome Piers to the team. His extensive knowledge of casualty treaty will complement the skills of our existing team, as we help clients around the world prepare for the risks of the future.”

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