Reinsurance broker Guy Carpenter has added two senior hires to its GC Securities capital markets and investment banking arm. Andrew Beecroft and Paul Rayner have both been appointed as Managing Directors within GC Securities effective today (7th January), they are both qualified Chartered Accountants with experience across insurance and corporate finance and both are based in London.
Beecroft will Head the M&A team at GC Securities in London and they will both report to Des Potter, Head of GC Securities for Europe, Middle East & Africa. Prior to joining GC Securities both Beecroft and Rayner were with Aon Benfield Securities in London.
Commenting on the appointments, David Priebe, Vice Chairman of Guy Carpenter & Company, said; “We are delighted that Andrew and Paul have joined Guy Carpenter. They both have proven track records in working closely with clients and investors to plan, structure and execute merger & acquisition and capital raising transactions. They will be a valuable addition to the GC Securities team and enhance the firm’s ability to assist our clients with their growth plans and become their most trusted strategic advisor.”
Des Potter, commented; “I am really pleased that Andrew and Paul have each agreed to join us at Guy Carpenter to build a market leading financial advisory business for the benefit of our clients. They are both talented individuals with valuable recent transaction experience and a combination of technical competence and specialist insurance industry knowledge that rarely exists in corporate finance.”
GC Securities works across the intersection of reinsurance and the capital markets, on transactions such as catastrophe bond structuring, mergers & acquisitions, capital raising initiatives and other corporate finance roles.