Man Group Enhances Insurance Business With Addition Of Insurance Solutions Specialists

18 September 2023

Man Group plc (‘Man Group’) today announces the appointment of two Insurance specialists to support Man Global Insurance Solutions (‘MGIS’) – a team dedicated to creating customised solutions for insurance investors globally using Man Group’s established capabilities across strategic asset allocation review (‘SAA’), liquid, and illiquid asset classes. They will also support the recent acquisition of Man Varagon which has several existing strategic partnerships with insurance clients. The new hires – Jerry Song, FIA, Director, EMEA Insurance and Max Davies, CFA, CAIA, Director, APAC Insurance – will both report to Nick Humphreys, Global Head of Insurance at Man Group.

Jerry joins the firm from J.P. Morgan where he was a member of the Global Insurance Solutions (‘GIS’) team. Prior to that, he held several other positions across J.P. Morgan’s Asset Management business and Corporate and Investment Bank. Jerry also worked at Mitsui Sumitomo Insurance (‘MSI’) and Prudential before joining J.P. Morgan. He graduated first class with a M.Sc. from Imperial College London, first class with a B.Sc. (Hons) from Macquarie University, Australia, and is fluent in Chinese and English. Jerry will be based in Man Group’s London office.

Max joins the firm from Wellington Management, where he held positions within the Global Insurance Solutions team, supporting European and Asian Insurers and most recently in Hong Kong to help build Wellington’s APAC insurance business. Prior to that, Max worked in market analytics at Commerzbank AG. He graduated first class with a B.Sc. from Newcastle University. Max will be based in Man Group’s Hong Kong office.

Nick Humphreys, Global Head of Insurance at Man Group, said:

“Man Group has an established global insurance client base across multiple asset classes. We have used our leading technology infrastructure and quantitative analytics expertise to develop techniques that address insurance-specific investment challenges. Jerry and Max bring with them an acute understanding of insurance companies, which will be critical to developing even stronger and deeper partnerships.”

Steven Desmyter, President at Man Group, added:

“Man Solutions has long-been combining, refining, and customising portfolios to maximise capital efficiency, and now seeks to help insurers match their long-term liability profiles with real investment impact. Enhancing our insurance expertise will further two key initiatives for the firm – building on our existing credit capabilities and evolving our traditional offering using portfolio optimisation tools and strategic asset allocation review. We are excited about the possibilities in the insurance space and pleased to have a strong foundation in place with the appointment of excellent client partners across key regions.”