AJ Gallagher acquires Execution Re gaining ILW, cat bond, parametric experience


Arthur J. Gallagher & Co., one of the larger insurance brokerage firms in the world, has acquired a team with capabilities in the capital markets and convergence sector through buying London-based reinsurance broker Execution Re. Execution Re is part of the Execution Noble group of companies and was owned by Portuguese investment bank Espirito Santo.

According to this Global Reinsurance article, Execution Re will become part of Gallagher International and will be led by Neil Strong, a Partner at Execution, and Matt Fitzgerald, Head of Reinsurance at Execution going forwards. All of Execution Re’s existing business will be transferred over to AJ Gallagher under the terms of the deal. Execution will trade as a representative of AJ Gallagher and marks their return to reinsurance broking as in 2008 they sold their reinsurance broker Gallagher Re to Aon.

The Execution Re team have a focus on a number of capital market reinsurance products including working with catastrophe bonds and insurance-linked securities both as bookrunners and structurers, finding capital and capacity for vehicles such as sidecars, structuring and broking industry loss warranties and parametric trigger insurance and reinsurance contracts. They also have experience across many lines of reinsurance business as well as mergers and acquisitions and other areas of investment banking services for the reinsurance sector. They look well positioned to help AJG establish a capital markets arm like the other major brokers have.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.