Pierrick Livet

 

Senior Manager - Insurance Advisory, KPMG in Bermuda

Session: The Fronting Edge: Strengthening Global Reach Through Resilient Partnerships

Background
Pierrick is a seasoned Senior Manager in the Management Consulting practice at KPMG in Bermuda, bringing with him 15 years of experience in the insurance sector. Before joining KPMG, Pierrick led the Business Development initiative for the Multinational and Global Fronting proposition in London, contributing significantly to a leading global insurance company. In this role, he honed unique skills collaborating with clients, colleagues, and partners across more than 100 countries.

Experience
Government Agency OCIP Optimization:

  • Assisted a Government Agency in optimizing its Owner-Controlled Insurance Program (OCIP), covering multi-billions in construction value.

Natural Resource Company Captive Redesign:

  • Supported the redesign of a multi-captive strategy for an NR company, including potential changes of domiciles.

Power and Utility Captive Establishment:

  • Assisted a Power and Utility company in establishing a new captive covering wildfire liability risks.

Global Pharma Company Insurance Program:

  • Reviewed and set up the International Property insurance program for a global Pharma company, involving over 50 policies. This included optimizing the captive’s involvement and leveraging reinsurance markets capacity.

Recycling Company Insurance Program Transition:

  • Set up and coordinated the transition of the International Property insurance program for a Recycling company, evolving from a standard risk transfer solution to a deductible reimbursement program and eventually a fully owned captive structure.

Post-Merger F&B Distributor Captive Framework:

  • Supported the design of the multi-captive framework for a post-merger Food and Beverage distributor.

Global NR Company Marine Program Redesign:

  • Supported the redesign of the International Marine program for a global NR company, introducing their captive into the program with various coverage and territorial requirements.

International Auto Manufacturer Warranty Programs:

  • Assisted local teams in setting up various Warranty programs fully supported by a captive for an International Auto manufacturer.

Industry Contributions:

  • Made various contributions to industry publications focused on International Programs and captive fronting solutions.


Education, Licenses​ & Certifications

  • Captive International FORTY under 40 - 2024

  • Swiss Certified Insurer with Federal Diploma of Professional Higher Education)

  • Associate in Reinsurance (ARe) from The Institutes CPCU Society

  • MBA Essentials certificate from The London School of Economics and Political Science (LSE)

ModeratorGemma GodfreyDay 2