News & Insights

In partnership with AEGIS London, a top-quartile Lloyd’s syndicate, we’re pleased to announce a new strategic initiative to transform the way risk is placed, harnessing a digital-first approach.   

This innovative collaboration will align AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio. Using new technology, the platform will algorithmically identify eligible risks, provide quotes and bind cover following a lead’s terms, which will significantly streamline the placement process for clients.  

Underwriters will have increased transparency through a bespoke dashboard, which will provide data on risk selection and exposure management to help them manage the portfolio. This ensures underwriting standards are maintained, while making a historically complex process simpler.  Automating and combining the quote-and-bind workflow with AEGIS London’s pre-determined underwriting criteria will accelerate placements and improve overall efficiency.   

Clients will benefit by receiving faster access to high-quality follow capacity, delivered in line with the lead underwriter’s terms, conditions and pricing. Overall, this provides clients with greater certainty and confidence in the fulfilment of their placement needs.   

The initiative is powered by our proprietary Underscore broking platform, and has the potential to scale across additional partners, setting a new standard for digital transformation in the industry.  

Steve McGill, CEO at McGill and Partners, said: “We’re excited to launch this digital partnership with AEGIS London. It is built on our shared ambition to deliver smarter, digitally-enabled solutions for the benefit of our clients and drive real change in our industry. At its core, it will deliver what our clients value the most: speed, certainty, and high-quality capacity. By streamlining the placement process, we unlock our brokers’ ability to leverage the wider market more effectively, which will result in a superior client experience.”  

Alex Powell, Chief Executive Officer, AEGIS London, said: “This represents a transformative approach in how we use dedicated data analysis to inform and enhance underwriting decisions. By combining advanced analytics with innovative digital trading capabilities, we’re creating a platform that not only simplifies access but deepens collaboration with brokers for the benefit of our clients. 

“Underwriting excellence remains at the heart of AEGIS London, and this initiative builds on that through data-driven risk selection. The ability to automatically identify eligible risks and deliver quote-and-bind functionality based on predefined underwriting criteria demonstrates a significant step forward in delivering a truly digital and dynamic trading capability to the market.” 

McGill and Partners has announced a capacity expansion for Auton, its award-winning, fully digital cross-class auto-follow facility.  As it enters its second year, its maximum capacity will increase from 20% to 25%, which will be available for all eligible lines of business, further enhancing its proposition for clients. 

The facility continues to be backed by a panel of Lloyd’s insurers, benefiting from Lloyd’s strong financial market ratings and is led by Beazley’s Smart Tracker Syndicate.  Auton’s unique design allows underwriters to dynamically flex line sizes, enabling them to tailor their participation to their own underwriting appetite.     

This flexibility, combined with access to a broad and diverse portfolio of business spanning multiple classes and geographies, has positioned Auton as a leading facility in the Lloyd’s market.  Additionally, with an average indexation rate above 75%, the facility has out-performed industry expectations.    

Its digital capabilities and best-in-class dashboards also set it apart.  In recent research conducted with its underwriting panel, Auton’s reporting and live dashboards were ranked among the best in the market. The dashboards include comprehensive live data on index performance, premium, claims, aggregate accumulations, and modelled losses, giving underwriters valuable insights to manage and monitor their portfolios.  

The capacity increase, which will soon come into force, builds on a successful first year which also saw the launch of Auton Green, which provides up to 40% capacity for onshore renewable energy risks. As Auton enters its second year, the increased capacity will serve to optimise placement for clients and continue the firm’s focus on delivering efficient placement solutions across all client segments.   

Mark Gregson, Head of Digital Solutions, McGill and Partners said, “The success of Auton in its first year is a testament to our digital innovation and the strong collaborative partnerships we have with our carriers, which have been key to the facility’s ongoing improvement. The increase in capacity, is a direct response to the appetite of our carriers and clients who are looking for a more efficient, effective and streamlined placement process.”  

McGill and Partners has announced a new collaboration with Artificial Labs (Artificial). The two firms are working together to create a single integrated digital platform, where brokers can manage the full placement lifecycle from submission to bind and streamline downstream processing. 

By digitising its broking workflow and leveraging key strategic partnerships with Salesforce and Google, the initiative will deliver a fully integrated, end-to-end solution.  McGill and Partners’ brokers will have digital tools which will maximise their focus on client relationships and market engagement and reduce the time spent on administration. 

McGill and Partners is the first broker to adopt Artificial’s Smart Placement platform end-to-end. This digital platform ensures that key data, marketing activity, and contract documents are managed in one secure environment, providing valuable client and broking insights, and also supports the next phase of the firm’s AI initiatives.  

The solution will be fully integrated into the McGill and Partners digital ecosystem and will be rolled out globally in a phased approach starting with all UK and Europe specialty areas through the rest of 2025 and into 2026. 

Nick Williams-Walker, Chief Operating Officer of McGill and Partners, said: “This is a critical part of our ‘digital-first’ strategy and reinforces our commitment to building market-leading tools.  We are creating a best-in-class digital broking environment that empowers our colleagues to focus on what they do best – delivering great outcomes for our clients.”  

“Artificial works in tandem with the strategic partnerships we already have with Google and Salesforce to create a fully integrated end-to-end solution that is transforming the way speciality insurance is transacted.” 

David King, Co-Founder and Co-CEO of Artificial Labs, said: “We are proud to collaborate with a forward-thinking firm like McGill and Partners. Our solution will deliver a fully configurable, broker-first platform that removes operational friction and unlocks the full potential of digital placement. Smart Placement is the only tool of its kind in the market – purpose-built to meet the evolving needs of specialty brokers and designed to integrate seamlessly across the placement lifecycle.”  

“By combining advanced technology with deep market understanding, we’re helping McGill and Partners scale their strategy, streamline execution, and deliver exceptional outcomes for their clients. Together, we are creating a more efficient and connected ecosystem.” 

McGill and Partners is proud to announce its partnership with GB Snowsport, the national governing body for elite British snowsports, as the team prepares for the upcoming Winter Olympic and Paralympic Games in Milan Cortina in February and March 2026. 

The announcement comes as GB Snowsport celebrates its most successful World Cup season to date, with record results across multiple disciplines. As the new competition season begins, it will support Britain’s top Snowsport athletes towards the Olympic and Paralympic stages. 

The partnership brings together two organisations that have been built on bold performance and see disruption as a force for progress. McGill and Partners was founded on the principles of being different by design and has always celebrated a high-performance mindset. Both McGill and Partners and GB Snowsport are aligned in their belief that by championing difference and bringing together top talent as one team with a shared purpose, success will follow. 

As a specialist insurance and reinsurance broker, McGill and Partners is used to dealing with complexity and finding innovative solutions for its clients’ most challenging and complex needs. It has always been highly focused – in the clients it serves, the partners it works with and the talent it hires to drive its business forward. The partnership with GB Snowsport is no different and reflects the same commitment.  

GB Snowsport manages and develops the programmes of world class British skiers and snowboarders across the 12 Olympic and Paralympic disciplines.  The organisation selects, manages and leads the British teams to international events, promotes participation in the International Ski and Snowboard Federation (FIS) and World Para Snowsport disciplines, and provides opportunities for athletes to achieve their full potential as individuals and as a team.  It also develops up-and-coming talent and nurtures those athletes who are already showing themselves to be able to perform on the world stage, a critical role in the ongoing success of British snowsports. 

The collaboration will be brought to life through a series of activations including The Edge Series, a new content platform exploring the parallels between sport and business such as risk, resilience, innovation and talent. 

Steve McGill CBE, Co-founder and CEO of McGill and Partners, said: “This partnership reflects everything we stand for. Bold thinking, exceptional performance and the courage to lead in complex environments. GB Snowsport is a natural fit for our brand and culture, and together we look forward to making a real impact in both sport and business.”  

“Whether it’s navigating complex risk or supporting elite and emerging athletes, the shared vision is to support resilience, foster innovation, and champion those who pursue excellence.” 

Vicky Gosling, CEO at GB Snowsport said: “We’re extremely excited to be going into the new season in partnership with McGill and Partners and really look forward to working with them over the coming year.” 

“This is a partnership where the shared values between our two organisations are really clear, and what we’re looking to achieve on the snow in the next twelve months fits brilliantly with the ethos and culture that McGill and Partners demonstrate in their business. At GB Snowsport, we believe firmly that we are stronger as one team, and we’re delighted that we get to welcome McGill and Partners into that team ahead of a year that has the potential to be one of the most exciting in British snowsport history.” 

McGill and Partners has set the scene for the next phase of growth as it reports strong financial results for the 6 months ending 30 June 2025 and secures new credit facilities of $300m from lenders Morgan Stanley, Permira and Bridgepoint. This refinancing represents another significant step in McGill and Partners’ ongoing growth and evolution, enabling long-term lender support at conservative levels of leverage and making significant returns available to eligible shareholders via a dividend recapitalisation.

The new credit facility, secured with sophisticated participants from the private credit markets, provides a long-term, more flexible financing structure that reflects the maturity of the McGill and Partners business and strategically positions the business for the future. The new arrangement comprises a senior facility, an acquisition facility to support further investment in talent and technology (including AI), and a revolving credit facility. In combination with the existing funding capacity from Warburg Pincus, the new facility underscores the firm’s continued growth and supports its long-term financial objectives.

The strategic refinancing follows the announcement, at the end of last year, that McGill and Partners was one of the companies selected by Warburg Pincus for inclusion in its first ever multi-asset continuation fund. The fund is composed of a diversified portfolio of companies, all of which have demonstrated significant success and high growth potential.

This growth potential is demonstrated by the most recent half year results. McGill and Partners reported organic revenue growth of more than 20% in the first half of 2025 and a significant increase of 79% in adjusted EBITDA, against H1 of the prior year. These record results, taken alongside today’s announcement, show McGill and Partners is strategically positioned for future expansion, building on its strong organic performance to date.

Steve McGill, Chief Executive Officer, commented: “I am immensely proud of what we have achieved in just six years. The business continues to deliver significant growth and we have reached a level of maturity that means we have more flexible and attractive financing options available to us to support our future ambitions.”

“We stand apart from others in the sector as a global specialty firm built organically, with a client-centric, single P&L, a unique culture, a state-of-the-art and fully integrated platform, and market-leading revenue growth. It is these differentiators, coupled with the new financing arrangement, that will deliver exceptional client value and allow all our colleagues to reap the benefits of our collective endeavours as the business continues to thrive and deliver on its growth potential.”

James O’Gara, Managing Director at Warburg Pincus, commented: “Over the past six years, McGill and Partners has evolved from a start-up challenger to an established player, winning share by delivering for its global clients and talent base. Notably, Steve and the wider team have done it the hard way – purpose-building the business from scratch. The reward is a truly differentiated firm, with a singular culture, unique technology-led approach and an integrated platform poised to continue its impressive organic growth track record.”

“This refinancing is another positive milestone in that journey; both reflecting the great progress to date, as well as giving the business renewed firepower, in conjunction with our support, to pursue its unique talent acquisition strategy. We are tremendously proud of what the team has accomplished, and enthusiastic about their continued potential from here.”

Industry heavy weight joins fast-growing (re)insurance broker

McGill and Partners has announced that Mike Reynolds will join the firm later this year as Group CFO, subject to regulatory approval. He joins from Oneglobal where he has been Group CEO for the last five years and will take up his new role once he has fulfilled his contractual obligations to them.

Mike Reynolds is an industry heavy weight with nearly 30 years of leadership experience in the insurance industry.  Prior to leading Oneglobal, he was CEO of JLT Re, Group Finance Director of JLT Group Plc and has also held CFO positions at ACE Europe and Aon Benfield.

Founded in 2019 with backing from Warburg Pincus, McGill and Partners has been one of the world’s fastest growing firms not only in (re)insurance broking but in financial services more generally. In the last three years, the firm’s compound annual growth has exceeded 20%, all of which has been organic. The firm was also included in Warburg Pincus’ first-ever multi-asset continuation fund alongside a diversified portfolio of companies, all of which have demonstrated significant success and high growth potential.

Reynolds succeeds Dominic Mignon as Group CFO.

 Steve McGill, Group CEO, McGill and Partners, commented: “We have much to be proud of. We have built a global boutique specialty business at scale, entirely organically, in a relatively short period of time. As we look to the future, we are delighted to add Mike Reynolds to the team. Mike will bring a wealth of experience to the firm as we continue to build and grow the business.”

“We thank Dominic for his tireless work over the last three years and wish him all the best for the future as he transitions out of the firm next year.  During this time, he has made an enormous contribution towards putting the firm in its current strong financial position and helped to guide it through a period of impressive organic growth.”

 Mike Reynolds, added: “With a high-quality team, a unique culture and state-of-the-art technology platform, I’m thrilled to be part of the next chapter of this exciting firm.“