Ed expands professional and executive risks business with Guernsey licence

Guernsey

Ed, the global reinsurance, wholesale and specialty broker, has announced that it has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission.

Nick Bachmann has been appointed as Divisional Director of Professional & Executive Risks to direct the expansion of Ed’s offering on the island. Nick takes up his role with immediate effect and will report to James Baird, Director, Professional and Executive risks.

Nick joins from Willis Towers Watson where he served, most recently as Executive Director, for nearly six years and managed their financial and professional risks offering in the Channel Islands.

Ed recently announced the significant expansion of its professional and executive risks offering. Nick will work closely with new colleagues Mark Lowndes, Mike Fraser, Kevin White, Greg Smith, James Faith and Neal Hughes, all of whom also have extensive expertise and experience in the Channel Islands’ markets.

James Baird said: “Obtaining a license in Guernsey is indicative of the Ed strategy and of how we will build our professional and executive risks business.  This allows us to offer clients in this important, international financial centre direct access to global capacity and expertise whilst delivering solutions locally. Nick’s local expertise and understanding of international financial markets makes him the ideal candidate to drive our aspirations in Guernsey. I am very pleased to welcome him to the team.”