McGill and Partners, an independent global specialty insurance and reinsurance broker, has announced the appointment of Mike Reynolds as Group CFO, succeeding Dominic Mignon.
The executive is joining McGill and Partners from Oneglobal, where he most recently served as Group CEO, a role he held for the last five years. Reynolds will take up his new position once he has fulfilled his contractual obligations to Oneglobal.
Prior to leading Oneglobal, he was CEO of JLT Re, Group Finance Director of JLT Group Plc and has also held CFO positions at ACE Europe and Aon Benfield.
Founded in 2019 with backing from Warburg Pincus, McGill and Partners has become one of the fastest growing firms in the re/insurance broking financial services sector, the firm stated.
In the last three years, the company’s compound annual growth has exceeded 20%, all of which has been organic. McGill and Partners’ success and high growth potential led its inclusion in Warburg Pincus’ first-ever multi-asset continuation fund, alongside a diversified portfolio of companies, all of which have demonstrated significant success and high growth potential.
Steve McGill, Group CEO, McGill and Partners, commented: “We have much to be proud of. We have built a global boutique specialty business at scale, entirely organically, in a relatively short period of time. As we look to the future, we are delighted to add Mike Reynolds to the team. Mike will bring a wealth of experience to the firm as we continue to build and grow the business.”
“We thank Dominic for his tireless work over the last three years and wish him all the best for the future as he transitions out of the firm next year. During this time, he has made an enormous contribution towards putting the firm in its current strong financial position and helped to guide it through a period of impressive organic growth.”
Reynolds added: “With a high-quality team, a unique culture and state-of-the-art technology platform, I’m thrilled to be part of the next chapter of this exciting firm.”
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