Deloitte has announced the appointment of Gurpreet (Guru) Johal as its new global sector leader for global reinsurance and the London market.
Johal joined the firm in 1995 and has worked in advising Delotte’s most prominent global insurance clients.
Furthermore, Johal was recently appointed as the firm’s global AI financial services leader and is also a Fellow of the Institute of Actuaries.
On his own appointment, Johal said: “This announcement marks the increased focus that Deloitte is placing on servicing this specific sector of the reinsurance industry. It is a very exciting sector of the market which is going through a period of major change, investment and innovation.
“We recognise the specific challenges the sector faces and will use our global expertise – be it M&A and tax advisory, post-merger integration, underwriting excellence, functional or broader digital transformation – to help our clients successfully navigate these shifting dynamics.”
He added: “Deloitte’s global reinsurance & London market practice delivers audit and assurance, risk advisory, tax and legal, consulting and financial advisory services to carriers, brokers and other market participants in the global commercial, specialty and reinsurance markets.”
Neal Baumann, global insurance leader at Deloitte, said: “We recognise the importance of these segments and the role that London plays in the global market. Guru’s deep experience and broad network makes him a natural choice as our leader.”