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17 April 2014
London
Reporter Tammy Facey

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CMC Europe moves into reinsurance consultancy

CMC Europe has named Nick Stammers as director of its newly launched sister company, CMC Insurance.

The launch of CMC Insurance follows a “demand for CMC Europe’s simple and effective change delivery service in the banking sector”, according to CMC Europe chairman Steve Wyer.

“[The] aim [is] to replicate our approach with CMC Insurance in the (re)insurance sector.”

CMC Insurance will provide solutions and consultancy services to the insurance and reinsurance market that will help with regulatory data requirements.

Stammers will lead the new insurance team, along with Wyer.

Stammers has more than 20 years of experience in insurance, reinsurance, consulting and software.

He previously held a senior position at Pro Insurance Solutions—part of Tawa Group—where he worked with clients in the UK and Europe.

“Having someone of Stammers’s calibre and experience join us is testament to the emphasis we are placing developing CMC’s (re)insurance presence” commented Wyer.

Commenting on his appointment, Stammers said: "I have been watching the growth and success of CMC Europe. I share Wyer's vision for the need of a specialist consultancy for the (re)insurance sector."

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