Willis Re hires Michel Büker from PartnerRe as Head of Lloyd’s Capital

Willis Re hires Michel Büker from PartnerRe as Head of Lloyd’s Capital

Reinsurance broker Willis Re, part of the Willis Towers Watson group, has actually employed Michel Büker from reinsurer PartnerRe to the newly produced role of Head of Lloyds Capital, Willis Re Specialty.Büker has actually been given dual roles at the reinsurance broker, likewise taking on the position of Head of Production, Customised Solutions, EMEA.
In these functions, Büker will have responsibility for extending Willis Res relationships with the Lloyds market and helping the brokers Specialty group to produce bespoke services for customers.
The Head of Lloyds Capital function is particularly pertinent as Lloyds now has its own insurance-linked securities (ILS) structure which is set to provide a new and more efficient path for capital to support funds at Lloyds.
Arrangement of capital and capacity to support Lloyds distribute underwriting is becoming significantly intricate, with a range of paths to accomplish that.
By leveraging insurance-linked securities (ILS) structures and practices, there are now far more efficient ways to direct financier capital to underwriters, improving the returns possible from that market.
Büker most recently worked at worldwide reinsurance company PartnerRe. He held the CEO position of the entity that provided capital to Lloyds syndicates for the business.
Prior to which he was PartnerRes Head of Global Clients and London Market organization.
Prior to joining PartnerRe, Büker held underwriting and underwriting management roles in a number of areas and classes with reinsurers Paris Re and AXA Re.
Graeme Moore, CEO, Willis Re Specialty, commented on the hire, “We are pleased that Michel has joined Willis Re. His experience and comprehensive sector relationships in London and the continent will prove to be a vital asset to display the ingenious bespoke options that we continue to develop on behalf of our clients.”

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