Former Axis COO to head up new Limehouse MGA
Lloyd’s re/insurance broker RFIB Group has launched managing general agency (MGA) Limehouse Agencies under the non-executive chairmanship of Jack Gressier, the former COO of Bermuda-based Axis Capital.
Gressier will be joining the board of Limehouse's holding company TopCo as a non-executive independent director. He will invest in the company in a private capacity.
He will report to TopCo's independent chairman Mark Winlow. Gressier is looking for a chief executive officer to lead the MGA.
Gressier retired from Axis Capital as its chief operating officer (COO) in 2015, having served the company for 12 years as CEO of Axis Insurance. He began his career in Lloyd’s in 1986, and served as an underwriter and management executive.
Gressier said: "The traditional insurance model, on which the large brokers and carriers were built, is being transformed. The arrival of new, non-traditional capital in conjunction with new and advanced disruptive technology has created a new paradigm in risk transfer.
"Limehouse has been established to be at the forefront of this development. As founding non-executive chairman of Limehouse, I will shortly be announcing the appointment of a world-class chief executive officer to lead Limehouse Agencies.”
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