Guy Carpenter and Company has announced the appointments of Matt Petka as managing director and Riley Underwood as senior VP within its GC Access business unit, with immediate effect.
GC Access provides dedicated MGA program business solutions. The unit offers a range of services to carriers and MGAs operating in the dynamic programme market, including carrier and reinsurance transactions, captive support, insurtech expertise and program startup roadmaps.
In his new position, the firm said Petka will assume a senior leadership role within GC Access, responsible for overseeing solution development and client management. Alongside Underwood, he will focus on delivering programs for U.S. regional clients in the MGA sector. Based in Dallas, Texas, they will report to Michael Jameson, president, GC Access.
Petka brings more than 22 years of broking experience to the role, with “extensive knowledge” of the U.S. auto and property sectors. He joins from Willis Re, where he was executive VP managing a team focused on MGA and program business.
Guy Carpenter added that Underwood is also a “highly accomplished” senior broker who also joins from Willis Re. Most recently, he was senior VP responsible for new account production and account management.
Jameson said: “Today’s announcement of these two senior appointments demonstrates our full commitment to building on the considerable success achieved to date by GC Access. Matt and Riley are both seasoned practitioners in the MGA arena who bring depth of market insight that is critical to developing the fully optimised program solutions we deliver for our clients.”
John Trace, CEO, North America, Guy Carpenter, added: “GC Access has already helped to set a new standard for program delivery in the MGA sector since its launch in 2020. Through the range of services and analytical solutions that Michael and the team offer, we are helping position our clients to capitalise on the expanding opportunities this sector provides.
“Our ability to continually attract great talent to our organisation is a further testament to the leading position that we have established.”