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Member, Beacon International Group, Ltd.
RFIB Group Ltd. has launched RFIB Americas, which will oversee the development of existing subsidiaries RFIB (Bermuda) and U.S. based Gracechurch Intermediaries L.L.C., offering specialist reinsurance products in the United States, Bermuda and Canada.
London-based Nick Foden-Pattinson will be CEO of RFIB Americas. Hamilton, Bermuda-based Jeremy Brasier will serve as managing director of Bermuda, and New York-based Simon Hudson as managing director of reinsurance at Gracechurch, RFIB Group said Monday in a statement.
RFIB Americas will be centered out of RFIB Group’s Bermuda office working in conjunction with the various RFIB Group teams and operations in the U.S., a spokesman said in an emailed statement.
Previously, Mr. Foden-Pattinson was managing director alternative reinsurance products for RFIB Group. Mr. Brasier was executive vice president for RFIB Bermuda and Mr. Hudson was a managing director at Guy Carpenter & Co. L.L.C., according to the company statement,
“We are of the view that there is a specialty segment of the market that feels underserved in being provided with good independent and confidential advice and feels they have lost the relationship that the client expects from his broker,” Mr. Foden-Pattinson said in the emailed statement.