Guy Carpenter eyes programme market with launch of GC Access

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has established a new business unit, GC Access, to provide dedicated managing general agency (MGA) programme business solutions.

The new unit will be led by Michael Jameson, who has been appointed president of GC Access. Previously head of Guy Carpenter’s programme division, Jameson will be responsible for overseeing all activities across the unit, reporting to North America chief executive John Trace.

GC Access will offer a range of services to carriers and MGAs operating in the programme market, including carrier and reinsurance transactions, captive support, insurtech expertise and programme startup roadmaps.

It said the new unit will help clients develop fully optimised programme solutions, combining analytical capabilities, global reach and an expansive network of insurer and reinsurer relationships to precisely and efficiently match MGAs and carriers.

Trace said: “GC Access truly represents the scale and scope of capabilities and expertise that Guy Carpenter can bring to support this important client segment. From world-class analytics and an unrivalled breadth of specialist knowledge through to our unparalleled depth of market relationships, we can offer a fully bespoke range of integrated services that span the full spectrum of MGA program solutions.”

Jameson added: “The programme market has expanded rapidly in recent years creating huge potential for our clients to grow and capitalise on the significant opportunities that exist in this sector. Through GC Access we are able to evaluate new programme opportunities and based on a clear understanding of our client’s requirements help them to access and take advantage of them.”