Marsh McLennan’s reinsurance brokering unit Guy Carpenter has launched its Asia Pacific Catastrophe Advisory Group.

The unit will provide its clients with direct access to the broker’s capabilities to address catastrophe risks. The team will include analytics experts, scientific partners and public-sector specialists.

The group will work with companies located across the Asia Pacific region to develop solutions, help in procuring capital to manage such exposures as well as in addressing impacts of climate changes.

Jeremy Waite, who has more than 25 years of experience in the (re)insurance sector, will lead the unit.

Separately, Waite will also retain his current role as it heads the property treaty broking team at Guy Carpenter for Australia and New Zealand.

Guy Carpenter Asia Pacific CEO Tony Gallagher said: “In responding to the escalating risks stemming from climate change and the increasing demands of both regulators and stakeholders, our new Asia Pacific Catastrophe Advisory Group will provide the depth and breadth of expertise needed to help clients become more resilient against the changing nature of risks.”

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Guy Carpenter & Company operates as a risk and reinsurance specialist. It has more than 3,100 professionals across 60 offices.

In November last year, Guy Carpenter launched a new marine & energy mutual, agency and captive reinsurance solutions practice further expanding its Global Marine & Energy Specialty Group.