Guy Carpenter, the global risk and reinsurance arm of Marsh McLennan announced the appointment of Luca Tres as head of strategic risk and capital life solutions, EMEA, effective 1 June 2021.

Based in Milan, Tres will report to Massimo Reina, chief executive officer, Europe, Guy Carpenter.

In his new role, Tres will have responsibility for driving continued growth in the development and delivery of non-traditional life solutions to clients across Europe, Middle East and Africa.

Tres will work closely with the firm’s network of offices across the region and assist companies holistically in the evaluation and execution of transactions designed to best achieve their short and long-term capital, risk and financial objectives.

He is highly experienced in the development and structured insurance financial solutions. Most recently, he served as partner at Securis Investment Partners where he led the life origination and structuring globally. Prior to that, he served as vice president, structured insurance and bank solutions Europe at Deutsche Bank.

Reina said: “The ability to develop capital and risk solutions that match companies with the most effective risk counterparties is key to helping our clients achieve their strategic goals. Luca is a leader in this highly specialized field and will build on the considerable success of our European team, further elevating the level of service and scope of transactions we offer to companies across the region.”