27 Jul

Capsicum Re, the specialist reinsurance broker, is pleased to announce it has hired Patrick Bousfield, Jane Palmer and Alice O’Dwyer-Smith to its cyber reinsurance team, strengthening its position as the leading cyber reinsurance broker in the London and North American markets. They are based in the London office and report to Ian Newman, a Partner in Capsicum Re’s London property and specialty division.

Patrick has multi class experience in treaty and facultative reinsurance and joined from EC3 Brokers, where he focused on Canadian business development and SME and public entities cyber. Prior to EC3 Brokers, he spent over five years at Beach & Associates working in Toronto, Sydney and London.

Jane was most recently a broker in the specialty casualty team at BMS Group where she worked predominantly on North American business including E&O, D&O, MedMal and GL. Prior to this she was a broker at THB Group and focused on North American EPL.

Alice joined from Willis where she was on the reinsurance broking graduate scheme working within Willis Re’s non marine team. She worked across a diverse portfolio of specialty clients primarily focusing on terrorism, onshore energy, political risk and trade credit.

Matt FitzGerald, Managing Partner of the London property and specialty division at Capsicum Re, said: “Capsicum Re has the largest dedicated cyber reinsurance team in the market and our reputation as the ‘go-to’ cyber reinsurance broker is dependent upon our ability to meet our clients’ growing needs. This is increasingly important in the wake of the new threats facing the cyber market, so I am delighted to strengthen our team with Patrick, Jane and Alice’s appointments. Their specialist knowledge and expertise will enhance our offering, enabling us to continue developing new, innovative products and solutions for our clients.”