Ed hires Barbican's Carrie Kelley to build new Bermuda unit

Reinsurance, wholesale and specialty broker Ed has appointed Carrie Kelley as executive vice president, head of property insurance for its  newly-launched operations in Bermuda.

With 16 years of industry experience, Kelley joins Ed from Barbican Underwriting Bermuda, where she was underwriter of the property D&F portfolio. Prior to that, she held roles as senior vice president, property broker at Bowring Marsh Bermuda, property facultative broker at Guy Carpenter Bermuda, and as vice president & property broker at Marsh USA in Chicago.

Kelley will report to Chris Bonard, CEO of Ed Broking’s new Bermuda platform.

Earlier in June 2019, the company received regulatory approval from the Bermuda Monetary Authority (BMA) for its new operation based in Hamilton. Ed said that it is looking to become a "significant independent player" in the Bermuda marketplace which has been dominated by a few big brokers.

Bonard said: “We are delighted to have added a producer with Carrie’s market experience and profile to our new Bermuda operation. She has an excellent track record working with complex multi-national accounts from the North American Fortune 1000 and was instrumental in the development of a Middle Market book of business new to the island. She has solid relationships both with clients and the local underwriting community, which will be invaluable as we build out Ed’s independent wholesale broking platform in Bermuda to give our clients access to a marketplace they had not been fully utilizing.”

Kelley commented: “Bermuda is an important market that I’ve worked in for many years and know well. Ed is building a new and different operation which will strongly appeal to clients. I am excited to be building a new business and bringing new pipelines of business to the Bermuda market.”