Log In

Reset Password
BERMUDA | RSS PODCAST

Mark Shumway joins Inver Re as head of new advisory practice

First Prev 1 2 Next Last
Mark Shumway, head of advisory, Inver Re (File photograph)

Industry veteran Mark Shumway has been appointed as head of the new advisory practice at Inver Re, the Bermudian-based global reinsurance broking arm of the Ardonagh Group.

Inver Re, which launched in 2021, has doubled in size in the past year to employ 100 experts across the major reinsurance hubs of Bermuda, London and the United States, and says it is now the largest independent broker on the island.

Mr Shumway was previously head of advisory at Howden, where he launched Howden Capital Markets, after being JLT Re’s global head of advisory and managing director at Guy Carpenter.

Mr Shumway spent more than 20 years advising management teams on the launch of new (re)insurance carriers and the expansion of others, bringing fresh capacity to the market.

He has also guided multiple funds in their early investments in (re)insurance risk on a collateralised basis and arranged investment in capacity vehicles.

At Inver Re, he will lead a new advisory practice, working with a growing team of analytics specialists who support clients with bespoke solutions and insights.

Chris Sharpe, head of business development, strategy and innovation, Inver Re (File photograph)

You must be Registered or to post comment or to vote.

Published October 12, 2023 at 3:10 pm (Updated October 12, 2023 at 8:21 pm)

Mark Shumway joins Inver Re as head of new advisory practice

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon