Gallagher Re
Description of Product or Services you would like to promote in the Association:
In 2021, Gallagher Re helped carriers transfer over $2 billion in US Program Administrator produced premium to reinsurer, captives and ILS markets. With Gallagher Re's global network, we regularly trade with traditional reinsurers as well as emerging risk capital providers. We have a strong global brand and we pride ourselves on our collaborative culture. Our dedicated team of US based program specialists has access to the entire arsenal of Gallagher Re's resources to deliver the best possible service and outcome for our clients. Additionally, our parent Arthur J Gallagher & Co (www.ajg.com) is uniquely focused on program business. With over $25 billion in premium flow, award winning claims services, risk retention and risk transfer solutions, AJG has a full suite of resources benefiting Program Administrators (PAs) and program focused carriers. 1) Revenue channels: $17 billion Retail (Gallagher Global Broking) and $8 billion Wholesale (RPS) 2) Program administration: RPS Signature Programs and in-house PAs. 3) Award winning claims: Gallagher Bassett 4) Captive and ILS solutions: Artex/Horseshoe 5) Reinsurance Intermediary: Gallagher Re.
How does your product or service specifically target/benefit Program Administrators:
To service and benefit the Program Administrator marketplace, Gallagher Re's Alternative Distribution Vertical has built a specialty division network comprised of 25 North American (NA) based brokers dedicated to help Program Administrators find risk capital providers (Carriers and Reinsurers) to support and grow their firms. We also have a Global practice group to help Program Administrators reach markets throughout the world. We have subject matter experts in virtually every sector of the US P&C insurance industry. Accessing these deep and extensive resources within Gallagher Re, the Global and NA based team works seamlessly to help Program Administrators design and refine their programs to maximize risk capital support at the most advantageous terms available in the market.
We work with both start-ups and mature Program Administrators and leverage our reputation, market relationships and product knowledge to build franchise value for our clients.
What differentiates your product from others in the marketplace?
To service and benefit the Program Administrator marketplace, Gallagher Re has built a specialty division network comprised of 25 North American (NA) based brokers dedicated to help Program Administrators find risk capital providers (Carriers and Reinsurers) to support and grow their firms. We also have a Global practice group to help Program Administrators reach markets throughout the world. We have subject matter experts in virtually every sector of the US P&C insurance industry. Accessing these deep and extensive resources within Gallagher Re, the Global and NA based team works seamlessly to help Program Administrators design and refine their programs to maximize risk capital support at the most advantageous terms available in the market. We work with both start-ups and mature Program Administrators and leverage our reputation, market relationships and product knowledge to build franchise value for our clients.