Guy Carpenter hires Bermuda market exec Ben Savill as CEO of Pacific

Global reinsurance broker Guy Carpenter has announced the hiring of well-known Bermuda market senior underwriting leader Ben Savill as its new CEO of Pacific.

Savill had worked in the Bermuda reinsurance market for almost two decades, having moved to the island while working at Amlin.

He began his career in London for that company, eventually becoming the Head of North America Treaty Reinsurance in Bermuda and had an 18 year career with what became MS Amlin.

Savill then joined Fidelis in Bermuda and became its Group Chief Underwriting Officer and CEO of what was Fidelis Insurance.

After that, Savill joined Convex as its Chief Underwriting Officer for the Bermuda operation.

Savill relocated to Australia in recent months and will now be located in Sydney for Guy Carpenter, as its new CEO of Pacific, effective April 1st.

In the role, Savill will report to Tony Gallagher, CEO of Guy Carpenter Asia Pacific.

He will be charged with leading Guy Carpenter’s reinsurance broking operations in the Pacific region, while also playing a crucial role in the broker’s growth strategy, helping to address the needs of clients in the Pacific region.

With Savill’s move, Jeff Saper, who had been Guy Carpenter’s CEO for the Pacific region since 2019, moves to take on the role of Head of GC Fac, Asia Pacific, and will relocate to Hong Kong, succeeding Luc Morement, who becomes Regional Sales Leader, Asia Pacific. These positions will be effective from 1 July, 2024.

Tony Gallagher commented, “With our enhanced team and strong regional footprint, we are well positioned to deliver best-in-class solutions and support clients across Asia Pacific. I am pleased to welcome Ben to Guy Carpenter and would like to thank Jeff for all his efforts in transforming the Pacific business since 2019.”

Savill added, “The Pacific region faces a number of specific reinsurance risks, including heightened natural catastrophe exposures, local regulation, and varying economic headwinds. I look forward to being part of the journey in supporting Guy Carpenter’s clients and shaping its future growth strategy in Pacific.”