New Specialty Broker McGill & Partners Forms U.S. Subsidiary

The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company’s founder Steve McGill has confirmed.

When McGill & Partners announced its launch in May 2019, the London-based company said it would also operate a center of excellence in New York and eventually would open other operating hubs in key markets.

In a recent interview (conducted before the news it was forming a U.S. subsidiary), McGill said his new firm is making optimum use of technology and data analytics, “which will enable our brokers to be more productive in the way they handle and place the business than those companies that don’t use cutting-edge technology.”

For the past several months, McGill & Partners has been building its team and its technology, gearing up for the coming January renewals.