Capsicum Re, the specialist reinsurance broker, is pleased to announce that Malcolm Payton will be joining the team as a partner and will run the division. He will join later this year.
Malcolm brings over 25 years of direct and facultative experience to Capsicum Re. He is currently Head of Property and Energy for Guy Carpenter Facultative UK having previously overseen its International Property Division. Prior to this he was Head of Global Facultative Operations for JLT Re. Malcolm begun his career at Minet its Insurance Brokers in 1986 before leaving to join US broker Swett & Crawford, where he established its London operation. He has also held senior roles within Aon’s North American Retail and Facultative team as well as HSBC.
Grahame Chilton, CEO of Capsicum Re, commented: “We have been established for just over a year and in that time we have attracted some very well respected industry figures. Malcolm is a great example of the success and appeal of our business model. He is one of the leading Facultative brokers in the market and we are delighted that he is going to join the Capsicum team to lead this new class of business.”