Gallagher Securities hires RMS’ Jin Shah as VP ILS sales & distribution

Gallagher Securities, the insurance-linked securities (ILS) and capital markets broker-dealer division of reinsurance broker Gallagher Re, has hired Jin Shah from RMS who will take on an ILS sales, distribution and trading position at the company.

Jin Shah has spent almost nineteen years working at catastrophe risk modelling firm RMS, many of them with a focus on the capital markets and insurance-linked securities (ILS) related activities and clients.

He has now started at Gallagher Securities as a Vice President, in the role of International Head of ILS Sales & Distribution.

Shah will remain located in London for the role in the Gallagher Securities team and will report to Jason Bolding, global head of sales and distribution at the company.

The role will see Shah focused on ILS sales, distribution and trading activities at the capital markets arm of the reinsurance broker.

Shah joined RMS back in 2004 on the risk modeller’s graduate scheme and worked through roles as an analytical services consultant, to the capital markets focused division where he became a director in 2014.

Shah specialised in designing risk management strategies that incorporated the capital markets, presenting risk analyses at investor roadshows for ILS deals such as catastrophe bonds, helping to develop RMS’ ILS deal information and modelling tools, while also helping ILS market and investor clients to get the best from risk modelling and analytics.

In 2019, Shah became a Client Director at RMS, for the ILS and Banking sectors, working on the sale and business development of ILS and climate risk specific tools.

Commenting on the hire of Shah to Gallagher Securities, Jason Bolding said, “We are excited to welcome Jin to the ILS team as we continue to grow and expand ILS operations. Jin’s wealth of experience and expertise will undoubtedly make a significant impact on not only the Gallagher Securities team, but also the broader organization.”