Corant Global, the rebranded BGC Insurance arm, has announced the establishment of a Bermuda reinsurance broking operation, with Kevin Stratton hired from RFIB to lead the unit.
Stratton brings over 30 years of speciality insurance and reinsurance expertise to Corant.
At RFIB he held the role of managing director and led all specialty non-marine classes since 2019.
His experience has been gained across a number of senior roles, including CEO of Park London, executive director and head of London accident, health and life at Aon, and executive director and global head of A&H at Willis Re.
Andrew Wallin, President Corant Global, commented, “We are committed to bolstering Corant’s specialty capability and platform, and Kevin’s appointment is a prime example of our ability to attract the exceptional market talent needed to achieve this. Kevin’s established track record of building and leading teams will ensure that our offering and global footprint will continue to evolve and grow.”
Chris Bonard, CEO Corant Bermuda and Ed Broking Bermuda, added, “We continue to make strategic moves to take full advantage of current market conditions and establishing a reinsurance operation on the island plays a key role in realising those ambitions.”
Stratton added, “I am pleased to be joining the team at this critical stage of its development. Corant’s core understanding and use of technology makes building a data enabled reinsurance platform an exciting opportunity, and I look forward to spearheading its reinsurance efforts in a key marketplace.”