News & Insights

McGill and Partners and American International Group, Inc. (NYSE: AIG) today announced a significant strategic collaboration for the subscription market that will provide clients with seamless access to exceptional insurance solutions, backed by long-term, high-quality insurance capacity and capital. As part of the initiative, AIG and McGill and Partners will leverage agentic AI capabilities to manage the deployment […]

We are pleased to share we have renewed our Ukraine War Risks Reinsurance Facility for another year, with the maximum line per risk increasing from $50m to $100m. More than $100m of cover has already been placed for the benefit of businesses operating in Ukraine, allowing vital industries such as energy production, manufacturing, warehousing, food […]

In an interview with Artificial, our Group COO, Nick Williams-Walker, explains why embracing digital capabilities is no longer an option but an imperative for brokers. He details our strategy of embedding AI along with smart placement and contract building into our workflows to become faster, more responsive, and to empower our colleagues to solve our […]

In partnership with AEGIS London, a top-quartile Lloyd’s syndicate, we’re pleased to announce a new strategic initiative to transform the way risk is placed, harnessing a digital-first approach. This innovative collaboration will align AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio. Using new technology, the platform will algorithmically identify eligible risks, provide quotes and bind cover following […]

We’re pleased to announce a capacity expansion for Auton, our award-winning, fully digital cross-class auto-follow facility. As it enters its second year, its maximum capacity will increase from 20% to 25%, which will be available for all eligible lines of business, further enhancing its proposition for clients.  The facility continues to be backed by a […]

We’re pleased to announce a new collaboration with Artificial Labs (Artificial), where we will work together to create a single integrated digital platform – so brokers can manage the full placement lifecycle from submission to bind and streamline downstream processing.  By digitising our broking workflow and leveraging key strategic partnerships with Salesforce and Google, this […]

Welcome to The Edge – a new content series that celebrates the achievements of Great Britain’s trailblazing snow sports athletes and explores what businesses can learn from their growing success. As proud partners of GB Snowsport, we’ll be following the team closely throughout this pivotal season.  Once thought of as an underdog, GB Snowsport has […]

We are delighted to announce our partnership with GB Snowsport, the national governing body for elite British snowsports, as the team prepares for the upcoming Winter Olympic and Paralympic Games in Milan Cortina in February and March 2026.  The announcement comes as GB Snowsport celebrates its most successful World Cup season to date, with record […]

We’re setting the stage for the next phase of our growth – with strong financial results for the six months ending 30 June 2025 and securing new credit facilities of $300m from lenders Morgan Stanley, Permira and Bridgepoint. This refinancing marks another significant milestone in our ongoing evolution, providing long-term lender support at conservative levels […]

Industry heavy weight, Mike Reynolds, joins our fast-growing (re)insurance broker, as Group CFO, subject to regulatory approval. He joins from Oneglobal where he has been Group CEO for the last five years and will take up his new role once he has fulfilled his contractual obligations to them. Mike Reynolds has nearly 30 years of […]

Our Contract of Trust is more than a framework – it’s the foundation of how we work together every day. Built on principles rather than policies, it empowers colleagues with autonomy, flexibility, and accountability to do what’s right for themselves, our clients, and our firm. It’s a two-way commitment that reflects our belief in high […]

The UK just announced a landmark development that will reshape global risk management: the formal establishment of a new captive insurance and protected cell company regime. This isn’t just another policy update; it’s a monumental step that not only reinforces London’s standing as a financial hub but also strategically positions the UK to potentially become […]

We’re pleased to announce the appointment of Julia Henderson as Partner and CEO of our Bermuda business, subject to required approvals. George Cantlay, who currently works in our global treaty reinsurance team in London, will take on the additional position of President of the Bermuda business. Julia will play a key role in driving the […]

We’re pleased to announce the launch of a new, cybersecurity insurance solution for the Battery Energy Storage Systems (BESS) market.  The energy sector’s critical role in global infrastructure makes it an increasing target for cyber threats. As reliance on interconnected systems grows, so do the risks, with threat actors often exploiting operational dependencies and vital […]

We’re delighted to announce a groundbreaking digital-first partnership with AXA XL’s UK & Lloyd’s Business, aimed at driving innovation and enhancing efficiency in risk placement.   This new digital placement initiative aligns AXA XL’s risk appetite across multiple lines of business with our client portfolio. By digitally identifying in-scope risks, the partnership streamlines both the placement […]

One year on from the launch of its Fire Safety Reinsurance Facility (the Facility), the insurance industry can share its positive impact.  In the first nine months, over 680 buildings have been entered into the Facility, with a total sum insured of £14.9 billion. This includes examples of high-risk buildings with fire safety issues being […]

This report sets out our Gender Pay Gap reporting information for our firm, McGill and Partners UK. 2024 marked our fifth full year of trading and we have continued to build the business at pace, in accordance with our core principles of the Contract of Trust and being intentionally inclusive. We are mindful of our […]

We’re proud to be a firm that offers an adventure like no other and provide opportunities that set you up for long-term success. Our apprenticeship programme is designed to give you hands on experience, industry-leading training and the chance to learn from some of the most experienced professionals in the industry.   Why join our apprenticeship programme? […]

We’re delighted to announce the launch of our own AI agent, making us the first broker in the London market to introduce Agentic AI technology using Salesforce’s AI system, Agentforce.  The new AI agent is integrated into our proprietary digital platform, Underscore, which enables distribution partners to instantly connect with London market insurers in a […]

We’re pleased to launch Auton Green – an expansion of our fully digital, auto-follow facility, Auton, to include additional, market-leading capacity for onshore renewable energy risks.   Auton Green enables clients globally to access up to 40% capacity on onshore renewable energy lines, an increase from 20% on other lines written through Auton. Designed to meet […]

We’re pleased to appoint John Barry and Jack Farrell as partners in specialty broking in Ireland.  John joins McGill and Partners from WTW (previously Coyle Hamilton), where he was the Head of their Financial Lines and Construction Practices for over 30 years. John has experience in complex D&O programmes for both private and public companies, as […]

We’re launching a groundbreaking, war risk reinsurance facility for commercial property in Ukraine. This new offering is the first of its kind, leveraging AI-powered technology to enhance the understanding and underwriting of commercial property risks in the region.  FortuneGuard, a Lloyd’s Lab Insurtech, utilises official data on projectiles fired into the country to assess the […]

We’re delighted to announce the launch of Underscore Auton (“Auton”) – the first-ever fully digital cross-class follow form, broker facility in the Lloyd’s market, providing clients with significant benefits ahead of the 1/1 renewal season.   This innovative, auto-follow facility enables clients to access up to 20% capacity across multiple lines of business, underwritten in the […]

We have appointed Andre du Preez as Head of Emerging Technology. In his new role, Andre will play a key part in building on our digital first strategy.   He will drive innovation by leveraging cutting-edge technologies and fostering a culture of creativity, to ensure we remain at the forefront of the industry. He has proven […]

We have been selected by Warburg Pincus, a global private equity firm, to join its first ever multi-asset continuation fund. Warburg Pincus, which was a cornerstone backer of our firm in 2019, has created the new fund.  It is composed of a diversified portfolio, all of which have demonstrated significant success to date and high […]

We have launched a new trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex, offering limits of $95M, led by TMK. This unique offering harnesses the power of AI enabled technology provided by Altana, to support the understanding and underwriting of trade disruption risk.   This will enable substantial coverage and limits […]

We are delighted to announce we will be expanding into the Nordics with the opening of a new branch office in Sweden subject to applicable approvals.   This expansion into the Nordics will strengthen our extensive broking expertise across its key specialties and further enable the firm to deliver cutting-edge solutions to their global clients and […]

We are delighted to announce the appointment of Nick Williams-Walker as Group Chief Operating Officer, with effect from 23 September 2024.   Nick joins from Gallagher where he has been COO of Alesco and Gallagher Specialty for five years. Prior to this Nick was at JLT for almost eight years as COO of JLT Specialty and […]

The aim of these guides, produced by McGill and Partners in association with AIRMIC,  is to provide a set of toolkits to assist directors in understanding and keeping pace with a range of increasingly complex and fast-changing topics which create both risks and opportunities for the companies they serve. They take the form of 12 […]

This report sets out our 2023 Gender Pay Gap reporting information for McGill and Partners UK.  2023 marked our fourth full year of trading and we have continued to build the business at pace, in accordance with our core principles of the Contract of Trust and being intentionally inclusive. We are mindful of our Gender […]

Crypto crime hit a new all-time high in 2023, accounting for a record-setting $20.6 billion worth of blockchain transactions last year, with the number of blockchain transactions affected by criminal activity doubling compared to 2022.   But for victims of crypto asset investment fraud, the cost of trying to recover stolen assets can quickly escalate. It […]

The impact of rights of light claims on development projects has been a concern for UK developers for several years now, but, until relatively recently, Ireland had managed to buck the trend. However, as Ireland enjoys a period of heightened development, rights of light issues have become an increased topic of debate. Urban development is […]

We have expanded our ports and terminals offering with the appointment of Julien Horn as a Partner. Julien joins the team headed up by Julien Hubbard, adding expertise in logistics and transportation. Julien joins us from TT Club, an independent provider of mutual insurance to the international transport and logistics industry.   He worked at TT […]

The Facility has been established by our firm with extensive support from the Association of British Insurers (ABI) and also through working in partnership with the British Insurance Brokers’ Association (BIBA) which will ensure brokers are made aware of the Facility. It has two key intentions – to expand capacity for insurers already writing business […]

We have launched SAIFElimits, a ready-made and self-contained coverage solution for corporate insolvency. The scheme is designed to be incorporated into any primary directors’ and officers’ (“D&O”) policy and is triggered automatically by an insolvency event.   This extension allows protection to remain in place for directors and officers for up to six years during the […]

We have signed a heads of agreement with M&G to move into a brand-new office space in the heart of the City and London’s insurance district. 40 Leadenhall London, when completed, will be an iconic building at the forefront of sustainable workplaces where every detail has been considered to enhance colleague experiences both professionally and […]

We are delighted to collaborate with Renew Risk, a leading risk analytics SaaS provider for renewable energy assets, to develop catastrophe models for offshore wind portfolios.   The announcement comes as the demand for in depth catastrophe modelling increases in response to offshore wind projects venturing further into high-risk areas. Robust models will help the market […]

We have expanded our reinsurance offering with office openings in Hannover, Germany and Zurich, Switzerland, further strengthening and supporting our strategy to develop specialist reinsurance broking capabilities to match our European clients’ needs.   These new offices will focus on facultative reinsurance and, as with all teams at our firm, they have deep expertise to tackle […]

We are delighted to announce several important leadership appointments within our US operations. Karl Hennessy, who currently leads the Global Specialty Insurance teams in London, will be appointed CEO of McGill Global Risk Solutions LLC, the US insurance and reinsurance business, and will move to New York from London, subject to visa approvals.   He will […]

We are pleased to announce we will continue to sponsor the Kings Cross Steelers and ELRFC Vixens, the world’s first gay-inclusive rugby union club, for another two years. Our firm first began backing the club two years ago, during which time both teams have seen numerous successes.   Gus Fraser, newly elected Chair of the Kings […]

We are pleased to share we have expanded our structured solutions team with the hire of new partner Dan Cordina. His appointment supports the continued build-out of our growing structured solutions practice, providing bespoke reinsurance solutions to clients’ most pressing capital and earnings requirements.   Dan brings with him extensive experience in the European (re)insurance transactions […]

“There’s been a lot of confusion and concern about new war clauses on cyber policies; while exclusions are never a cause for celebration, adding clarity to coverage can be. Long a murky topic, these changes may usher in a new understanding of the line between insurable and uninsurable risk in the current cyber market” The […]

We have set out to be intentionally inclusive, whether that’s in life experience, background, race, age, gender identity, sexual orientation, disability, or neurodiversity and are proud of the work we are doing in this space. Recognising that sameness breeds sameness and that there is strength in breadth, we are committed to having a diverse and […]

The simple, binary structure of the product enables capital providers to confirm pay-outs faster than traditional (re)insurance products. Parametric (Re)insurance is an indexed based product that offers recoveries based upon pre-defined trigger events (peril, location and severity). We structure each contract on a bespoke basis to reflect the needs of our clients – we look […]

“Family first” a statement that is true for almost everyone, but something that isn’t always openly talked about or in fact encouraged within the business setting. Working long hours and often missing out on key moments in family life is commonplace when you’re constantly striving to achieve and obtain recognition in the workplace. Not, however […]

We have expanded our marine offering to include a dedicated Ports and Terminals Team with the appointment of Julien Hubbard as Head of Ports and Terminals.   Julien is joined by Mark McKinnell, Daniel Wells, Alex Jonesco, Dan Green and Elena Stefanova. These colleagues bring a wealth of experience in Ports and Terminals as well as […]

We are proud of our inclusive culture and celebrate the unique strengths each of our colleagues bring to both their professional and personal lives. Over the last year, we have run the McGill and Partners Lived Experience campaign to provide all colleagues with a deeper appreciation of the unique set of challenges some of our […]

We have expanded operations in the US and opened a US HQ in New York. The announcement follows two years of strong international growth for the firm, including significant high profile client wins, notwithstanding the challenges of a global pandemic and ongoing global market uncertainty. Our firm was founded in May 2019, following significant financial […]

INEOS is a company that was contemplating significant amounts of self-insured risk because they were running out of options at their renewal. The clock was ticking. Could McGill and Partners achieve the almost-impossible; find in excess of $800 million of competitive insurance capacity in a hard market, shaken by Covid-19.

In the midst of a perilously hard market, Barrick Gold, the world’s second largest mining company, was facing a panic-inducing premium increase of 20% on their insurance.

In this episode of Open Book, Steve McGill talks to Maurice R. Greenberg, Chairman & CEO of Starr Companies. They discuss his extraordinary early life, the key milestones in his career, his involvement in US/China relations as well as his views on leadership and the future of the industry.

Economic crisis will not be a new experience for most companies and financial sponsors. Recent downturns have presented their own unique challenges. The speed and shock of the COVID-19 crisis has allowed little time to plan.

When undertaking a strategic sale or purchase, it is always wise to have the experts in each field beside you. In volatile and uncertain times, the need to have experienced, creative and dedicated advisors to help navigate the obstacles becomes even more critical