GC launches new Marine & Energy unit

9 November 2020 — Andrei Victor
Rinsurance broker GUY CARPENTER part of of Marsh & McLennan Companies announced the launch of a new Marine & Energy mutual, agency and captive reinsurance solutions practice.

This practice, which forms part of Guy Carpenter's Global Marine & Energy Specialty group, will be led by Managing Director Demian SMITH.

According to the press released by the company, this practice "is one of several key growth strategies the company is focusing on in the marine & energy sector. It creates a single platform combining the company's specialist industry expertise, sector-focused data and analytics, and risk management services. By establishing a team operating exclusively in this rapidly evolving space, GUY CARPENTER will be optimally positioned to deliver marketadvancing, client-centric solutions".

As Managing Director, Demian SMITH will be responsible for overseeing all marine & energy activities relating to the development of mutual, agency and captive reinsurance solutions and developing opportunities to enhance and expand the depth of services which GUY CARPENTER provides to its clients. Based in London, he will report to Jim SUMMERS, Global Head of Marine & Energy Specialty and Deputy CEO of Global Specialties at GUY CARPENTER.

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