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McGill & Partners adds Price Forbes’ reinsurance head

McGill & Partners has bolstered its ranks with the arrival of Price Forbes’ reinsurance head David Barrie. 

He joins Steve McGill’s eponymous newly launched broking business as a partner, Barrie’s LinkedIn profile states. 

Barrie joined Price Forbes last year when it opened its Price Forbes Risk Solutions platform dedicated to the treaty and facultative reinsurance sectors. 

He had previously worked for Tyser Re, leaving that company in September 2017. During his career, he also ran RKH’s treaty division. 

Price Forbes is not looking to replace Barrie, The Insurance Insider understands.

McGill & Partners has been busy building out its team since launching in May with substantial financial support from its management and up to $250mn of funding from US private equity house Warburg Pincus. 

The company has taken advantage of the fallout from Marsh & McLennan Companies’ acquisition of JLT  as well as becoming an attractive option for those keen on joining an ambitious start-up. 

Some of those to have joined the venture include CFO Oliver Corbett, a former Hyperion executive, COO Denise Garland, who held the same role at Tokio Marine Kiln, and head of strategy and innovation Stephen Cross, a former Everest Insurance Ireland CEO and CUO.

Karl Hennessy, former CEO of MGA-focused Aon Carrier Solutions, has also joined as head of broking. Other notable arrivals include former CEO of JLT’s marine business Gordon Longley, Joe Trotti from AIG and Brian Kirwan, the former UK CEO of Allianz Global Corporate & Specialty.

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