David Merry, who came onboard in 2018 to explore strategic growth and development opportunities for the London-headquartered group, will now be in charge of Besso Re – the unit that will be focussed on facultative reinsurance and solutions for international wholesale property & casualty for large commercial insureds.
“Facultative reinsurance is an area where we can bring additional value to our clients, complementing our wholesale offering and working across Besso teams to provide cogent solutions for our clients in a challenging market,” said Merry, who has around 35 years of broking experience in the London and international wholesale insurance markets.
“We know that there is keen client demand for brokers offering an independent view combined with relevant scale and that is exactly what we provide without the constriction of organisational silos. It is encouraging to see our approach attracting talented individuals who share our straightforward view of how to extract maximum performance across Besso Re to the benefit of our clients.”
Besso Re has been building out its team over the past year, recruiting what were described as high-calibre practitioners with significant facultative reinsurance and large account experience. Meanwhile it’s been announced that the roster will continue to widen in the coming months.