Gallagher reveals raft of appointments for new international reinsurance hubs

Gallagher reveals raft of appointments for new international reinsurance hubs | Insurance Business Australia

Reinsurance

Gallagher reveals raft of appointments for new international reinsurance hubs

New hubs set to be launched over the coming months

Reinsurance

By
Kenneth Araullo

Gallagher has unveiled a series of high-level facultative reinsurance appointments to signal the strategic expansion of its global facultative team.

This growth initiative includes the creation of new operational hubs in Singapore and Sydney in the upcoming months, alongside the augmentation of its teams in London, New York, and Dubai.

In April, Claire Burrell will step into the role of chief operating officer (COO) for the facultative division. Burrell transitions from The Ardonagh Group, where she served as COO following a tenure in senior roles at ERS, First Central Law, and First Central Insurance Management.

Additionally, Burrell is recognized as a Master at the Worship Company of Insurers. In her new capacity at Gallagher, reporting to Malcolm Payton, head of global fac, Burrell will oversee the operational facets of the division amid its expansion.

Further bolstering its leadership, Gallagher has appointed Alex Groves as an executive director. Groves brings three decades of reinsurance experience from his previous positions at Guy Carpenter, WTW, Decus, and Marsh.

Under the guidance of Ian Baker, executive director and head of UK fac operations, Groves will concentrate on enhancing brokerage services for the USA, Puerto Rican, and Canadian markets.

Trevor Noad joins as broking director with a focus on clients on the USA and Canada, coming from Howden and with prior experience at TBH Group. Noad will work under Helen Pound, executive director and head of fac property USA, Puerto Rico & Canada.

Mark Sherwin has been appointed as an executive director and head of fac property UK & Ireland, transitioning from Miller with prior roles at Guy Carpenter.

Emily Stanford also joins as an executive director, tasked with supporting global clients, facilities, and consortiums, following her tenure at Ardonagh Specialty and positions at Guy Carpenter, Lonmar, and Alexander Forbes.

Both Sherwin and Stanford will report to Paul Butcher, managing director and head of UK property fac.

Payton commented on the strategic expansion, noting the evolving reinsurance landscape’s impact on insurers’ strategies regarding risk management and capital retention.

“Establishing global hubs will ensure we deliver a comprehensive, coordinated service to clients,” Payton said. “It will give additional consistency in processes and sales across all classes, help us broaden our client base, and introduce portfolio diversity and resilience in collaboration with international customers and markets.”

What are your thoughts on this story? Please feel free to share your comments below.