7 July 2013 News

Guy Carpenter acquires Smith Group

Guy Carpenter has agreed to acquire South Portland, Maine-based Smith Group, a specialist disability reinsurance risk manager and consultant.

Operations for the company will continue to be based in South Portland, Maine. Smith Group employees have extensive experience in the areas of actuarial science, market research and risk management.

“As our life, accident and health insurance clients continue to seek ways to grow profitably, the addition of Smith’s comprehensive offering of reinsurance products and services encompassing all aspects of long-term disability insurance business enhance our ability to deliver highly differentiated solutions to meet these clients’ unique needs,” said

Andrew Marcell, chief executive of Guy Carpenter US Operations.

“We are excited about the addition of Smith Group. Over the years, they have built strong relationships with their clients by delivering outstanding service and in-depth knowledge of the long-term disability market.”


More on this story

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7 November 2023   The role links with Guy Carpenter’s strategic investments into the credit sector
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7 November 2023   Prices and attachment points are likely to remain stable in 2024, but cedants are likely to look for relaxation on terms and conditions as more capacity comes into the market, says Guy Carpenter’s Randy Fuller.
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31 October 2023   The Asian market is going through a transition phase, says Vicky Carter, Guy Carpenter.

More on this story

Insurance
7 November 2023   The role links with Guy Carpenter’s strategic investments into the credit sector
Insurance
7 November 2023   Prices and attachment points are likely to remain stable in 2024, but cedants are likely to look for relaxation on terms and conditions as more capacity comes into the market, says Guy Carpenter’s Randy Fuller.
Insurance
31 October 2023   The Asian market is going through a transition phase, says Vicky Carter, Guy Carpenter.

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