25 January 2021Life

Oneglobal receives regulatory approval for its Bermuda office

Oneglobal Broking has received regulatory approval for its new office in Bermuda.

Craig Douglas has been appointed as executive director of Oneglobal Bermuda and reports to Mike Reynolds, the group chief executive officer. Kilian Whelan is also set to join the business as chief operating officer.

Douglas has experience in both the Bermuda and London markets, covering reinsurance, casualty and life science. He has spent over 20 years in the industry, most recently at RFIB Bermuda, where he was executive vice president. He has also held senior roles at JLT Specialty in Bermuda and London, Miller and Willis.

Whelan has over 25 years’ experience in Bermuda and the industry, having previously led the JLT insurance management group operations. He is a Fellow of the Chartered Association of Certified Accountants and a member of the Institute of Directors in Bermuda and London.

Oneglobal said it is expecting to make further additions to the team soon.

The Bermuda office is the latest step in the company’s international expansion, which has seen it open offices in Singapore and Hong Kong during 2020.

Reynolds said: “Opening our Bermuda office is a statement of our intent to continue the expansion of Oneglobal’s international presence and to continue the growth of our business. Bermuda is a key insurance market for us.”

Douglas said: “Bermuda is not just a key international insurance and reinsurance market, but a gateway to better serve North American clients and local US brokers that need international market access.”