News & Insights
Gender Pay Gap Report 2024
This report sets out our Gender Pay Gap reporting information for McGill and Partners UK. 2024 marked our fifth full year of trading and we have continued to build the business at pace, in accordance with our core principles of the Contract of Trust and being intentionally inclusive.
We are mindful of our Gender Pay Gap and broader diversity obligations and that we need to continually work towards having greater female presence in senior roles within our firm.
You can read our full report here.
To review our previous reports, please click below.
Launch your career with McGill and Partners
At McGill and Partners, we offer an adventure like no other and provide opportunities that set you up for long-term success. Our apprenticeship programme is designed to give you hands on experience, industry-leading training and the chance to learn from some of the most experienced professionals in the industry.
Why join our apprenticeship programme?
- Real responsibility from day one – work on meaningful projects that make an impact.
- Expert mentorship – Learn from industry leaders who are invested in your development.
- Earn as you learn – Gain valuable qualifications while building your career.
- A supportive environment – Be part of a welcoming and inclusive culture where different perspectives are valued.
Applications are now closed for 2025.
Your Adventure with Us
What makes McGill and Partners truly different is our Contract of Trust – a two way commitment between the firm and our colleagues. We trust our colleague to take ownership, perform at a high level and contribute to our success. In return, we offer an environment that champions collaboration, flexibility and professional growth. Our apprentices are no exception – you’ll be empowered to learn, develop and take on challenges that will share your future.
Our Contract of Trust, offers:
- Competitive salary & bonus eligibility
- A welcome bonus
- Equity in the firm
- Market leading core benefits, plus our enhanced benefits which include unlimited annual leave and many more.
Whether you’re a school leaver or graduate, this is you chance to be part of an exciting, growing firm that’s redefining the insurance industry.
Hear how our first group of apprentices navigated their journey, what they’ve learned and how they’re shaping their futures at McGill and Partners.
McGill and Partners Works with Salesforce to Become the First London Market Broker to Leverage Agentic AI Capabilities
McGill and Partners announces the launch of its own AI agent, making it the first broker in the London market to introduce Agentic AI technology using Salesforce’s AI system, Agentforce.
The new AI agent is integrated into the firm’s proprietary digital platform, Underscore, which enables distribution partners to instantly connect with London market insurers in a highly efficient, cost-effective manner through technology and automation.
By incorporating an AI agent into Underscore, it will potentially further streamline the placement process, reducing friction and speeding up collaboration between brokers and insurers. Unlike traditional chatbots or automation tools, an AI agent is designed with the potential to go beyond simply following a script.
Built using Agentforce, the agentic layer of the Salesforce platform, it can understand context and intent, enabling it to perform tasks autonomously on behalf of users in real time. The introduction of McGill and Partners’ AI agent, creates future capabilities for the Underscore platform, further enhancing its potential to evolve and meet the diverse needs of clients and partners.
It is expected to have the capability to adapt to various scenarios, laying the groundwork for improved decision-making and processing large datasets in the future. In an industry that processes vast quantities of information, the use of Agentic AI has the potential to be transformational. It is expected to streamline routine tasks, uncover key insights quickly, and enable brokers to focus on high-value client interactions.
The integration of Agentforce within Underscore aims to enhance workflows for brokers – complementing, rather than replacing human expertise. This means brokers will be empowered to focus on using their expertise to have strategic discussions and deliver tailored solutions, resulting in better outcomes for clients.
Simon Bradbury, Chief Technology Officer at McGill and Partners said: “McGill and Partners was built on a digital-first foundation, and the launch of our autonomous AI agent today, highlights our commitment to innovation. As the first broker in the London market to introduce Agentic AI technology leveraging Salesforce’s Agentforce platform, we are excited by the vast potential this groundbreaking development brings.”
“As we embark on our Agentic AI journey, its capabilities will continue to advance, driving greater efficiencies, enhancing decision-making, and delivering deeper insights. Our commitment to innovation ensures that we develop this technology to meet the evolving needs of our clients and the market. We’re proud to be at the forefront of this transformation, building a platform that will redefine collaboration between clients, brokers, and London market insurers.”
Paul O’Sullivan, Chief Technology Officer at Salesforce UKI added: “We are excited to support McGill and Partners’ transition into the agentic-era by unlocking the unlimited potential of Agentforce. With the introduction of its autonomous AI agent into the workforce, McGill and Partners will be able to streamline processes, analyse data more effectively and unlock productivity gains for its best-in-class talent to set a new industry standard for the client experience.”
McGill and Partners launches Auton Green to increase onshore renewables capacity for its digital auto-follow facility
McGill and Partners announces the launch of Auton Green, an expansion of its fully digital, auto-follow facility, Auton, to include additional, market-leading capacity for onshore renewable energy risks.
Auton Green enables clients globally to access up to 40% capacity on onshore renewable energy lines, an increase from 20% on other lines written through Auton. Designed to meet client needs and a growing appetite to write onshore renewable energy risks, 40% is one of the largest single lines offered by a broker follow facility in the market.
This marks a significant step forward in providing tailored coverage for the rapidly evolving renewable energy sector. Auton Green benefits from the financial strength of the Lloyd’s market, with participating syndicates that include Beazley, AXIS Energy Transition Syndicate 2050, and Munich Re Specialty.
It will provide increased capacity for risks such as onshore wind, solar, hydro, and battery storage. With Auton Green, McGill and Partners continues its focus on innovation, providing efficient market access through intelligent, automated risk selection. The bespoke rules engine, part of McGill and Partners’ proprietary digital platform Underscore, ensures streamlined access to leading market capacity, enhanced negotiation of terms, and live data to support better decision-making.
Tom Sexton, Partner, Head of Renewables, Power and Energy at McGill and Partners said, “Our digital-first approach at McGill and Partners is all about empowering clients with innovative solutions for their unique business needs. The launch of Auton Green takes this a step further, offering a global, world-class, secure facility that provides access to up to 40% full-follow capacity on onshore renewable energy lines. This facility will ensure risks will be completed on the most competitive terms and in an extremely efficient manner, providing significant benefits for our international renewable energy clients.”
Richard Carroll, Global Head of Energy Resilience at AXIS added, “The renewable energy sector has a critical role in supporting the global shift towards a greener, lower carbon future. As the onshore sector expands and its need for specialist insurance coverage increases, we are pleased to support Auton Green and deepen our strategic partnership with McGill and Partners as they develop efficient coverage solutions for onshore clients.
McGill and Partners bolsters its Irish business with two new hires
McGill and Partners has appointed John Barry and Jack Farrell as partners in specialty broking in Ireland.
John joins McGill and Partners from WTW (previously Coyle Hamilton), where he was the Head of their Financial Lines and Construction Practices for over 30 years. John has experience in complex D&O programmes for both private and public companies, as well as looking after their professional indemnity, crime and cyber needs. He also provides insurance advisory and due diligence services to funders, government agencies and has extensive experience as an Authority Insurance Advisor on most of the PPPs (public-private partnerships) in Ireland to date.
Jack also joins from WTW, where he was the Corporate Broker and Construction Industry Leader. Jack originally qualified as a quantity surveyor before moving into insurance. He has over 11 years of experience delivering insurance advisory, programme design, and placement requirements for a variety of large developer, contractor, and funder clients.
In their new roles, John and Jack will play a key part in building McGill and Partners’ business in Ireland and Europe, particularly in the construction sector for both contractors and developers and including Single Project Insurance, PPPs and Latent Defects.
John will concentrate on financial lines with particular focus on aviation, insurance due diligence and large property risks. Jack will focus on supporting and developing the European property and construction specialty, concentrating on large and complex risks.
Both appointments come at a time of significant growth for the firm’s Irish office, which now employs over 30 people. This expansion reflects McGill and Partners’ commitment to strengthening its presence in Ireland and further developing its European operations.
Stephen Cross, Head of Innovation and Strategy at McGill and Partners said: “John and Jack have extensive experience in placing insurance for businesses with complex needs and providing high-level advisory services. Therefore, they are perfectly placed to grow our specialty broking arm in Ireland. We are delighted to have them join our expanding team and look forward to working with them.”
McGill and Partners and FortuneGuard Launch First-Ever, War Risk Reinsurance Facility for Commercial Property Assets in Ukraine
McGill and Partners has launched a groundbreaking, war risk reinsurance facility for commercial property in Ukraine. This new offering is the first of its kind, leveraging AI-powered technology to enhance the understanding and underwriting of commercial property risks in the region.
FortuneGuard, a Lloyd’s Lab Insurtech, utilises official data on projectiles fired into the country to assess the likelihood of war damage, and to support risk presentation, analysis, and underwriting. With live data risk monitoring, this approach enables underwriters to more accurately evaluate risks and offer affordable premiums for businesses in Ukraine.
Supporting Ukraine’s economic recovery and resiliency efforts, McGill and Partners has also collaborated with local Ukrainian insurer, ARX, to create a product that will enable up to $50M in coverage to be offered per risk, with reinsurance capacity provided by the London market and Lloyd’s syndicates.
Coverage will be provided for properties located more than 100 kilometers from the front line. Since the outbreak of the war with Russia, the international reinsurance market has largely withdrawn from providing capacity for war risk reinsurance in Ukraine. While there have been some recent initiatives focused on covering mobile assets, the only coverage available for commercial property assets to date has been through local insurers, such as ARX, and limited to policy limits of $500,000.
Reinsurers will work with ARX to enable quotes to be issued to new clients this month, with access to the reinsurance facility expected to be expanded in due course to additional local insurers.
Steve McGill CBE, Founder and CEO of McGill and Partners said: “As Ukraine continues to navigate the devastating impacts of war, we recognise the significant role of the insurance industry in supporting Ukraine’s economic regrowth. Providing critical coverage for businesses in Ukraine, the launch of this groundbreaking facility marks a significant milestone in supporting Ukraine’s economic recovery and resiliency.”
“By harnessing the power of AI and comprehensive data sets, we have been able to take a more informed approach to presenting and underwriting risk. This approach has enabled us to deliver scalable reinsurance capacity at an accessible premium, adding critical coverage for businesses that were largely unprotected.”
Oleksii Omelianchuk, Founder and CEO of FortuneGuard, said: “This historic facility is a game-changer for Ukraine’s commercial sector and investors. Offering unprecedented policy limits of up to $50 million, it provides coverage that was previously unavailable in the market. By leveraging cutting-edge AI-driven analytics, local expertise, and comprehensive data, we can provide affordable and scalable coverage for businesses and investors operating in Ukraine. Developed with input from Lloyd’s experts, this initiative not only secures assets but also provides the confidence businesses need to continue operating and rebuilding in these challenging times.”
Maksym Mezhebytskyi, first Deputy Chairman of the Board and member of the Board of ARX, noted: “A year and a half ago, no one in Ukraine could even dream of this. We are very pleased Lloyd’s and the London private reinsurance markets have recognised the critical need for a property reinsurance product against war risks, and we are proud to be the first in Ukraine to introduce this product.
This became possible, among other things, as a result of the experience we have accumulated over the past year and a half, and our partnership with McGill and Partners. We hope that similar products will continue to develop, and the number of insurers and reinsurers involved in them will only increase.”
McGill and Partners launches first-ever fully digital cross-class auto-follow broker facility in the Lloyd’s market
McGill and Partners announces the launch of Underscore Auton (“Auton”). Auton is the first-ever fully digital cross-class follow form, broker facility in the Lloyd’s market, providing clients with significant benefits ahead of the 1/1 renewal season.
This innovative, auto-follow facility enables clients to access up to 20% capacity across multiple lines of business, underwritten in the Lloyd’s market. Auton is backed by a panel of Lloyd’s insurers, benefiting from Lloyd’s AM Best rating of A+, led by Beazley’s Smart Tracker Syndicate. In addition to Beazley, participating syndicates currently include Canopius, AXIS, Munich Re Specialty and more.
For the Lloyd’s market, Auton is the first facility of its kind. The recent Lloyd’s Market Association report, which looks at the growth of enhanced underwriting in the Lloyd’s market, highlights the growing demand for digital, data-driven platforms. In relation to this, McGill and Partners identified the need to leverage technology for more efficient market access on behalf of their clients.
Developed in partnership with Verisk, Auton provides intelligent automated risk selection through a bespoke rules engine and is part of Underscore, McGill and Partners’ proprietary digital and data-driven broking platform.
Since its formation in 2019, McGill and Partners has taken a digital-first and cutting-edge approach to technology. With Auton, clients worldwide will benefit from a more simplified placement process and a greater focus on the negotiation of more attractive lead terms. Additionally, at a time of increased complexity in the risk environment, clients can have confidence in accessing up to 20% pre-arranged insurance capacity across multiple lines of business. Participating carriers have unparalleled visibility and live access to the underlying data for the Auton portfolio through a dynamic dashboard created with Moody’s.
Steve McGill, Founder and CEO of McGill and Partners said, “The launch of Auton provides highly effective automatic and digitally enabled Lloyd’s follow form capacity for our clients underpinned by live data access for our underwriting partners. “From the start, McGill and Partners has been built on digital-first principles and we understand the importance of capitalising on technology. As an industry first, Auton is a testament to the calibre of our team and trading partners that have developed this innovative facility. Auton very much aligns with Lloyd’s ambitious plans to deliver profound change in the market through digitalisation and I am proud of the part McGill and Partners is playing in that transformation.”
Alok Kumar, Managing Director Analytical Services, Moody’s said, “Auton revolutionises risk assessment by integrating Moody’s RMS Intelligent Risk Platform with cutting-edge automation and analytical expertise for unparalleled speed in loss modelling and portfolio analysis. We have transformed both structured and unstructured data into dynamic dashboards providing carriers with risk insights and relevant model outputs for informed decision-making and strategic adjustments.”
Tim Rayner, President of Specialty Business Solutions at Verisk, said, “Auton demonstrates the power of automation that can be achieved by combining a digital contract with a rules engine, enabling fully digital and algorithmic risk selection. This is an outstanding example of how the relationships between brokers and underwriters can be brought into the ‘digital room,’ people, technology and data working together.”
McGill and Partners builds on its technology expertise with new hire
McGill and Partners has appointed Andre du Preez as Head of Emerging Technology. In his new role, Andre will play a key part in building on McGill and Partners’ digital first strategy.
He will drive innovation by leveraging cutting-edge technologies and fostering a culture of creativity, to ensure McGill and Partners remains at the forefront of the industry. He has proven experience of developing and rolling out machine learning applications, which will further enhance McGill and Partners’ proposition for its clients.
Andre joins McGill and Partners from Miller, where he was Head of Innovation and led the development and adoption of cutting-edge technological solutions, with a strong focus on artificial intelligence. Previously, he held roles developing digital products at Miller and also Vitality. Prior to this, he worked in business consultancy in both London and Johannesburg.
Simon Bradbury, Chief Technology Officer at McGill and Partners said: “Andre is an extremely talented professional in the insurance market, with a proven ability to develop and harness emerging technologies and digital products. His extensive experience in pioneering advanced technology will be a tremendous asset as we drive innovation and explore new technical opportunities. We are excited to have him join our team and look forward to the impact he will have alongside our exceptional group of experts.”
Andre du Preez, Head of Emerging Technology at McGill and Partners said: “Joining McGill and Partners is an incredible opportunity, as the firm has consistently been a trailblazer with its digital-first strategy and its freedom from outdated legacy systems. This forward-thinking approach unlocks endless possibilities, and I’m excited to contribute to it. By staying ahead of emerging trends, I’m eager to help develop innovative strategies and solutions that enhance client value, improve operational efficiency, and strengthen McGill and Partners’ competitive edge.”
McGill and Partners selected for Warburg Pincus’s prestigious first ever multi-asset continuation fund
McGill and Partners has been selected by Warburg Pincus, a global private equity firm, to join its first ever multi-asset continuation fund. Warburg Pincus, which was a cornerstone backer of McGill and Partners in 2019, has created the new fund.
It is composed of a diversified portfolio, all of which have demonstrated significant success to date and high growth potential. The $2.2 billion continuation fund will provide McGill and Partners, along with the other companies in the fund, the opportunity and resources to maximise value creation.
This milestone is particularly significant for McGill and Partners as it:
- Highlights the investor appeal of McGill and Partners’ specialisation and focus, and its strategy to grow through the acquisition of talent rather than businesses
- Signals the maturity of the business and the significant value that has already been created, recognised and validated by the highly respected continuation fund investors
- Demonstrates the strength of the partnership with Warburg Pincus and its continued commitment to McGill and Partners
- Emphasises the company’s substantial growth prospects and opportunities
Inclusion in the continuation fund marks an important milestone for McGill and Partners, following its significant growth since Warburg Pincus’s initial investment in May 2019. It now has 11 offices across three continents, with over 550 colleagues, each of whom has an equity stake in the business. Colleagues will retain their significant stake in the business following closing of the continuation fund.
Steve McGill, founder and CEO of McGill and Partners commented: “This is a terrific endorsement of the progress our talented colleagues have made in growing our business from scratch in the last five years. As the fastest-growing global specialty firm in the industry, we are excited by the incredible prospects for further growth, which has been recognised by the high-quality investors in this prestigious continuation fund. We look forward to continuing to partner with Warburg Pincus as we go from strength-to-strength.” For more information on Warburg Pincus’ continuation fund please click here.