Miller hires Duda from Markel/Lodgepine for Bermuda ILS development

Miller hires Duda from Markel/Lodgepine for Bermuda ILS development

Insurance coverage and reinsurance broker Miller, the personal and independent equity funded broking group, is looking for to develop on its insurance-linked securities (ILS) activity in Bermuda with the hire of previous Markel and Lodgepine worker John Duda.John Duda is set to sign up with Miller in June and comes from his newest role as the retrocessional reinsurance portfolio management group lead at Markels in-run-off retrocession investment manager Lodgepine Capital Management Limited.
Duda had joined Markel back in 2014 when he joined the business as Assistant Vice President, Reinsurance Underwriter for Markel Re.
He transitioned throughout to Lodgepine Capital Management when that retro ILS manager entity was introduced in 2019, but because that has actually gone into run-off Duda is carrying on to this brand-new opportunity.
Duda rejoins his previous Markel coworker Erik Manning at Miller, who joined the company as Head of ILS in 2021.
Duda has actually likewise worked as a Portfolio Manager for Logic Reinsurance in Toronto and held functions at reinsurance broker Benfield (then Aon Benfield) and Guy Carpenter, working in the Canadian and Advisory teams.
Duda has an analytics background and has actually focused his career on the placement of home disaster organization. He has actually likewise worked for Zurich Financial Services in London.
At Miller, Duda will hold the function of Head of ILS Development & & Capital Management Products and he will be concentrated on establishing service in the Bermuda market, reporting to Head of ILS, Erik Manning.
Miller continues to buy brand-new skill in Bermuda, with a particular concentrate on catastrophe reinsurance, retrocession and insurance-linked securities (ILS).

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