Acrisure Re, the reinsurance broking unit of the Acrisure group, has announced a key hire of relevance to the insurance-linked securities (ILS) market, appointing former BTG Pactual partner, Nick Godfrey, as its first Head of Capital Markets.
Godfrey’s new role will site within the Acrisure Re corporate advisory and solutions division (ARCAS) and will report to managing director, Ben Canagaretna.
As Head of Capital Markets, Godfrey will take on responsibility for capital raising activities across the Acrisure Re client base.
This will include raising capital across insurance-linked securities (ILS) activities, so third-party reinsurance capital, as well as for Funds at Lloyd’s.
In the role, Godfrey will also support other M&A and balance-sheet engineering activities, the broking group said.
Godfrey has 25 years of industry experience, with a significant focus on reinsurance capital markets, insurance markets and other third-party capital vehicles.
He has held a range of risk owner, broker and board positions in global markets, working on multiple classes of business.
Previously, Godfrey co-founded the reinsurance proprietary investment arm of BTG which acquired Ariel Re.
More recently, Godfrey has worked as a senior advisor at Barbican and Arch Re.
Acrisure Re has also made some other key hires into this ARCAS operation, including: Nick Triggs as a non-executive board member and senior advisor, corporate advisory and solutions; Jonathan Zisaruk as Head of Legacy; and Lauren Johnson as Vice President of corporate advisory and solutions.
Simon Hedley, CEO of Acrisure Re, commented, “It is rare for an advisor to provide all pillars of ARCAS’ offering within one aligned and differentiated team. This division too represents our capabilities as a high-quality corporate advisor.”
Ben Canagaretna added, “I am delighted to welcome Nick, Jonathan and Lauren to the ARCAS team, as well as Nick Triggs to our advisory board. They are a testament to our focus on investing in talent and their extensive knowledge of the capital markets, strong analytical expertise and vast network of long-standing relationships will contribute toward our position as a trusted advisor for our clients. I look forward to working with them and growing as a team.”