The Texel Group has expanded its London broking team with the appointments of Josh McCann as Director and Axel Swiderski as Associate Director, further reinforcing its position in the credit and political risk insurance (CPRI) market.
McCann joins from the International Finance Corporation (IFC), where he spent more than a decade in the syndications team. During his tenure, he played a key role in developing financial products that enabled insurers and institutional investors to build emerging market credit insurance and private debt portfolios with strong ESG credentials. He was also instrumental in establishing credit insurance as a distribution tool for IFC’s long-tenor lending, both at the single-transaction and portfolio levels, through the Managed Co-Lending Portfolio Program (MCPP).
Swiderski arrives from Cofarco, where he spent seven years as a broker in credit and political risk, as well as a commodity finance analyst. Earlier in his career, he worked at BNP Paribas in Paris and Singapore in structured products sales.
The two new hires bring complementary expertise to Texel’s London operations. McCann highlighted the significant growth potential for credit insurance in emerging markets, while Swiderski emphasised Texel’s entrepreneurial culture and established role in shaping the CPRI sector as key factors behind his decision to join.
Texel’s expansion comes as the CPRI market grows in prominence, with banks, development finance institutions, and institutional investors increasingly turning to insurance to manage risk and optimise capital.
Unlike global giants such as Marsh, WTW, or Aon, Texel operates as a specialist, independent, employee-owned broker. This structure allows it to focus on delivering tailored solutions with deep technical expertise, setting it apart in a market often defined by scale and consolidation.
