Mark Allitt
Managing Director, Sector Lead, Insurance
KPMG in Bermuda
Mark joined KPMG in March 2009, following five years as a Client Executive with a prominent (re)insurance consultancy firm in the UK.
Mark has worked on insurance and reinsurance engagements in over 56 countries and has travelled to many of them. As a result Mark has an extensive and broad spanning network of contacts, together with a good understanding of the operational environments around the world.
Professional and Industry Experience
Mark is a Managing Director of KPMG Advisory Limited in Bermuda and a Chartered Insurance Practitioner. He primarily focuses on insurance solutions for the global insurance, reinsurance and captive industries. Mark has managed a diverse range of multi-jurisdictional engagements, including:
- Start-up and structuring advice
- Insurance company benchmarking, operational/strategic reviews and corporate streamlining
- Cost optimization
- Buy side and sell side advisory
- Acquisition advice and due diligence on insurance and reinsurance portfolios and companies
- Claims management and strategy reviews
- Exit planning and implementation for companies in relation to specific products,
lines of business and whole businesses - Worldwide reinsurance asset recovery, including ledger management and commutation/novation negotiations
Other responsibilities, industry affiliations:
- Insurance Solutions
- Corporate Finance, transaction services
- Alternative Risk Transfer