Acrisure Re, the reinsurance broking division of worldwide agency Acrisure, has made some key hires in Bermuda, taking Roman Romeo, who joins the corporate as Head of Acrisure Re Bermuda, in addition to Barry Gordon, a specialist in broking industry-loss guarantee (ILW) devices, from rival Aon.
Roman Romeo has been appointed as President, Head of Acrisure Re Bermuda, efficient April seventh.
Primarily based in Bermuda, Romeo will report on to Michael Cross, President, Acrisure Re North America.
His rent represents a win for Acrisure Re, because the reinsurance dealer has taken Romeo from a senior Bermuda management position at Aon.
Previous to that, he was the Govt Managing Director, Wholesale Treaty for Aon Reinsurance Options in Bermuda.
At Acrisure Re, Romeo may have a mandate to scale the reinsurance broking enterprise in Bermuda for the agency, whereas enhancing shopper service and constructing out the workforce on the island.
The corporate expects Romeo’s appointment will speed up its ambitions to build-out a number one Bermuda reinsurance broking operation.
As well as, Acrisure Re has additionally employed Barry Gordon from Aon, who joins the corporate as Senior Vice President, ILW, efficient April fifteenth.
Gordon can be primarily based in Bermuda and can report back to Romeo and lead Acrisure Re’s ILS buying and selling capabilities, as a part of an index-based product suite.
Gordon was most lately Vice President, ILW at Aon in Bermuda and he brings vital experience in industry-loss warranties (ILWs), alongside broader expertise in broking retrocession and reinsurance alternatives.
Simon Hedley, CEO, Acrisure Re Group, mentioned, “The hiring of Roman represents a significant milestone in Acrisure Re’s dedication to increasing its footprint and deepening its affect within the Bermuda market. His {industry} experience, management acumen, and deep-rooted relationships on the Island will open numerous doorways and drive monumental worth for our purchasers and companions.
“With Barry additionally becoming a member of the workforce, we’re constructing a world-class platform that may firmly cement Acrisure Re’s standing available in the market.”
Paul Scope, CEO, Acrisure Bermuda, added, “Bermuda stays an necessary market, and Acrisure’s determination to additional make investments right here is each strategic and necessary.
“Roman’s appointment, alongside Barry’s, is a strong sign of our intent to develop thoughtfully and meaningfully. I sit up for working alongside them and seeing the impression they may make within the months and years forward.”
Romeo additional said, “Bermuda continues to play a crucial position within the international reinsurance panorama, and I’m happy to be becoming a member of Acrisure Re at a time of strategic give attention to the Island. The prevailing workforce has robust experience, and I sit up for collaborating with them—and with Barry—to strategically develop the portfolio and supply purchasers with tailor-made, analytics-driven options.”