Bermuda market veteran Ben Savill is on the move. He has been appointed CEO of Pacific at Guy Carpenter, the global risk and reinsurance specialist.

He will be based in Sydney, Australia and report to Tony Gallagher, CEO of Guy Carpenter Asia Pacific. The appointment is effective on April 1.

The organisation said Mr Savill will lead and manage Guy Carpenter’s broking organisation in the Pacific region.

It added that he will play a crucial role in further developing Guy Carpenter’s growth strategy, addressing the ever-evolving and complex needs of clients in the Pacific region.

Most recently, Mr Savill served as chief underwriting officer of Convex Insurance in Bermuda. Prior to that, he held various senior industry roles on the island, including as group CUO of Fidelis and head of North American Treaty for Amlin, having started his career in London.

Jeff Saper, CEO for the Pacific region since 2019, will become head of GC Fac, Asia Pacific, and relocate to Hong Kong. He will succeed Luc Morement, who will assume the role as regional sales leader, Asia Pacific.

Both positions will be effective from July 1.

Mr Gallagher said: “With our enhanced team and strong regional footprint, we are well positioned to deliver best-in-class solutions and support clients across Asia Pacific.

"I am pleased to welcome Ben to Guy Carpenter and would like to thank Jeff for all his efforts in transforming the Pacific business since 2019.”

Mr Savill added: “The Pacific region faces a number of specific reinsurance risks, including heightened natural catastrophe exposures, local regulation, and varying economic headwinds.

“I look forward to being part of the journey in supporting Guy Carpenter’s clients and shaping its future growth strategy in Pacific.”