The London-based firm, known for its expertise in specialty insurance solutions, is expanding its presence in Europe as part of its broader growth strategy, according to InsurTech Insights.
This move strengthens McGill and Partners’ ability to serve clients across Europe and positions it as a leading player in the Nordic region.
The company has brought in key hires to lead the Swedish office. Jon Petursson and Wilhelm Westerstad, both of whom have over two decades of experience in the specialty insurance sector, will join the firm after leaving their roles at WTW.
These two industry veterans have been instrumental in building specialty-focused business portfolios in the Nordics.
McGill and Partners aims to use this expansion to provide specialised broking services tailored to the needs of Nordic clients and trading partners.
This new office will enhance its ability to offer innovative insurance and reinsurance solutions across Europe, while strengthening its relationships with its global clientele.
The firm has emphasised that this new Swedish office is a critical part of its growth trajectory. Stephen Cross, CEO of McGill and Partners Europe, stated, “We are focused on attracting top talent in markets with significant untapped potential, and we are excited to expand our European presence with the opening of our Swedish office.” He added that the addition of Jon and Wilhelm would enhance their ability to deliver market-leading solutions in the region.
This expansion marks another milestone in McGill and Partners’ ongoing efforts to strengthen its global footprint. No previous investment details were mentioned.