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McGill hires former JLT property head Stevenson

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McGill and Partners has added another senior broker to its ranks as it targets 1,000 clients in 2020.

The start-up has hired former JLT property head Chris Stevenson to lead its complex P&C division.

The broker said in an update that it is on track to hit $250mn of premium flow next year, and has grown its headcount to 134 since its launch in May.

Stevenson will join a team of business line heads drawn from competitors. These include fellow JLT alumni Joe Trotti and Gordon Longley, who are head of aviation and aerospace and head of marine and cargo, respectively.

McGill and Partners has also hired former Aon UK and Ireland head Angus Milgate as head of treaty reinsurance and ex-UK CEO of Allianz Global Corporate & Specialty Brian Kirwan as head of structured solutions.

Tim Fillingham, former CEO of StarStone Insurance, will run McGill and Partners’ energy and power book, while former Guy Carpenter head of international fac Paul Summers will join the business next year to fill a similar role.

McGill and Partners also today confirmed its employment package, in which there were no set working hours or upper limits on holiday, and benefits including 12 months’ maternity and adoption leave at full pay, and six months’ paternity leave at full pay.

This comes after CEO Steve McGill provided some details of the business’ personnel strategy at The Insurance Insider’s London Market Conference in November.

The business noted that this employment strategy, in which all members of staff would receive equity, had allowed it to hire from 26 different firms across the market, and described 50 percent of its staff as millennials.

Founder and CEO Steve McGill said: “We are proud to be building a new British business at scale, despite the context of Brexit. We launched McGill and Partners, one of the largest new business enterprises in the UK in 2019, to provide clients with focused, high-quality broking and advice in a consolidating market.

“We want to be deliberately different by design, culturally as well as strategically. We’ve created a unique employment package which is built on a contract of trust. Within that, we believe in our staff to do the right thing and do what’s best for them and their work/life balance. I’m incredibly excited about the huge opportunity we have ahead.”

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