24 February 2015 Insurance

CGSC North America boosts team

CGSC North America, part of Cooper Gay Swett & Crawford, has made three senior appointments in its business development, partnerships and marketing operations.

William Ludington joins as executive vice president for carrier management and alternative markets. He joins from Canaccord Genuity where he was head of the US structured products sales team and has held positions at Marsh, JP Morgan, UBS, and CapRok Capital.

In addition to supporting over 20 CGSC MGAs, MGUs and programmes that are available to wholesale brokers and underwriting managers, he will develop partnerships and new business opportunities by accessing alternative sources of insurance capital via structured products such as Catastrophe Bonds and Insurance Linked Securities.

Mark Smith joins as senior advisor to both Tom Ruggieri, CGSC North America’s chief executive officer, and to the company’s executive management committee.  Prior to joining CGSC North America, he served as managing director and a member of the executive committee for RT Specialty.

Smith will focus on developing new markets and strengthening the company’s existing capabilities across over a dozen product and industry-specific practice areas.

Mason Power joins as chief marketing officer (CMO).  He was previously CMO at Agencyport, ran global sales, marketing and customer relationship management for Advisen and was a board director at Web Connectivity.

He will be responsible for modernising its marketing infrastructure and tactics and tasked with building further brand awareness of CGSC’s range of products and services among its clients and carrier partners.

All three will report to Ruggieri, who said: “Attracting individuals of the caliber of Wim, Mason and Mark to the team is a clear demonstration of our commitment to operational excellence while maintaining the core values that our customers expect. Their experience and expertise will also bring an important expansion to CGSC North America’s brokerage and underwriting capabilities.”

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