London - 10 June 2021 – Miller, a leading independent specialist (re)insurance broker, today announces the appointment of Erik Manning as Head of ILS. Manning is due to commence his role in Q3 2021, subject to approval by the Bermuda Department of Immigration, and will report into Charlie Simpson, Head of Bermuda.
Manning, who brings significant industry experience, will concentrate on developing best-in-class Insurance-Linked Securities (ILS) and other insurance risk-to-capital solutions to the benefit of Miller’s clients. His appointment builds on the recruitment of Charlie Simpson earlier this year as Head of Bermuda as the firm applies a continued focus to reinsurance expansion.
Alongside Charlie, Erik will be joined in Bermuda by Sebastian Alexander, who relocates from Miller’s London office, and Francesca Cacace. Sebastian has extensive market and client relationships and has experience in the ILS arena, placing Industry Loss Warranties (ILW) and also in the traditional markets in London, Europe and North America. Francesca will provide support to Miller’s Bermuda team, bringing her diverse experience and local Bermudian knowledge.
Charlie Simpson, Head of Bermuda, commented, “We are delighted that Erik has joined Miller. His deep knowledge of the market, longstanding relationships and extensive experience in developing ILS products will contribute significantly to our future success. Miller is committed to recruiting exceptional people so that we can expand the depth and breadth of our offering to clients and align with the services and skillsets they require in this ever changing market. I look forward to working with Erik, Sebastian and Francesca as we continue building out Miler’s presence on the Island”.
Erik Manning added, “With the insurance and reinsurance markets currently experiencing a period of disruption, Miller is uniquely positioned to harness the opportunities presented by these changes and grow its business significantly over the coming years. I am honoured to join the firm at such an exciting time and look forward to working with the team across London and Bermuda to deliver the quality offering for which Miller is so well known.”
Erik has over 20 years’ experience in the sector and joins from Peak Capital where he was CEO. Prior to that, he was Managing Director at Aon Bermuda and has also held senior roles at Markel Re and Guy Carpenter. Erik holds a Ph.D. from the University of London.