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Bermuda Rising Stars

19 December 2015 Bermuda:Re/insurance+ILS BERMUDA’S RISING STARS very interesting and it has turned out well. I’m a ‘people-person’ but I do like math and numbers, I find this is a good combination. Do you think the industry is attractive to young professionals? From living in Bermuda and seeing it first-hand, absolutely. With all the M&A activity that has started to happen, there may be an effect on the industry as a whole and young professionals in particular. However, the bigger companies such as ACE and XL have graduate programmes to bring young Bermudians into the reinsurance industry. Marsh in Bermuda has an internship programme that allows graduates to spend time in both the Marsh and Guy Carpenter offices learning the different aspects of the business. For young professionals who are not Bermudian, this is more difficult with the work permit requirements and restrictions in place. Do you think the reinsurance industry offers good opportunities and career development to young professionals? Here in Bermuda, yes: mainly on the underwriting side. Many companies here offer specific internships. Once you start working at the companies in Bermuda, there are great opportunities to meet senior management and executives. One of the big advantages Bermuda has is the exposure young professionals have to decision-makers within the firm and also to clients visiting the Island. This was part of the attraction for me in Bermuda. Bermuda is a key market for most of the bigger property treaty programmes around the world and as such, clients make the effort to visit with underwriters on the Island regularly. This creates good opportunities for young professionals to meet clients face to face and understand the clients’ business from other markets around the world. What are your aspirations for the future? Working with global clients, whether or not I am based in Bermuda, is where I see myself heading. Also with the insurance-linked securities (ILS) space merging with what we do, this could be an interesting dynamic for the future of my career and the direction I see it taking. If you’d chosen a different profession/career path, what would it have been? Banking/stockbroking. Definitely something sales-orientated. Chris Dart Job title: Senior vice president Company: Guy Carpenter Career path After graduating from Sydney University with a finance/economics degree, I moved to London to start my career in finance. At the beginning I looked to get a job in stockbroking, but it was a terrible time for that part of the finance industry. In 2003 I managed to find a role within a boutique Lloyd’s brokering firm, Rattner McKenzie, in London, working with the whole broking team on all types of business; with a focus on accident & health (A&H), sports and terrorism. After just over two years of being in London with the firm, and following hurricanes Katrina, Rita and Wilma (KRW) in 2005, an opportunity came up for me to spend some time in the office in Bermuda assisting with the casualty/property broking. This was an exciting time in Bermuda when the class of 2005 had just set up. With Rattner McKenzie being owned by HCC at the time, my focus was on casualty treaty lines of business. After spending two years there, I decided it was time to move on to the property/casualty treaty and retro lines. In June 2008 I joined JB Collins & Associates, and was there for one year before it was bought by Guy Carpenter in 2009. Working within the GC Global Specialties team here in Bermuda, my role is to focus on clients within Bermuda and managing retro accounts. However, a large portion of my time is spent on assisting US colleagues with treaty placements and also working with Guy Carpenter offices around the world on international placements. This allows me to be involved in a many different lines of business, including property treaty, retro, crop, workers’ comp, A&H, etc. Why did you choose to go into the reinsurance industry? Opportunity came up when I arrived in London. I find broking be


Bermuda Rising Stars
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