Gallagher Securities, the insurance-linked securities (ILS) and capital markets broker-dealer division of reinsurance broker Gallagher Re, has made a key hire in Jason Bolding, who was most recently at Credit Suisse.
Bolding’s new role, as Global Head of Sales & Distribution, will see him leading the investor and fund side activities at Gallagher Securities, it seems.
He joined Gallagher Securities earlier this month, according to his Linkedin profile.
Before this move, Bolding was working at Credit Suisse as Head of ILS, United States, sitting in the Credit Suisse Asset Management division, a position he took on in 2019.
Before that, Bolding worked at insurance and reinsurance broker Aon for almost 15 years in its reinsurance capital markets division, Aon Securities.
Bolding was a Managing Director in the Aon Securities team, focused on the distribution side of insurance-linked securities (ILS) and catastrophe bonds, involving sales, primary distribution and syndication of ILS and other capital market backed reinsurance deals.
His new position at Gallagher Securities appears more similar to his role at Aon, putting his years of expertise and deep relationships within the ILS industry to good work.
Jason Bolding commented on his hiring, “What an amazing opportunity to be joining the team at Gallagher Securities as they continue to enhance their ILS offerings to clients and relationships with investors. Gallagher’s commitment to the sector positions it well for what I believe is a significant growth opportunity within the ILS market.”
William Dubinsky, CEO of Gallagher Securities added, “We are excited to have Jason joining Gallagher Securities. He brings enthusiasm coupled with deep market knowledge to our engagement with ILS investors for the benefit of our clients.”
Andrew Newman, President, Gallagher Re also said, “Our ILS capabilities are a core part of our client offering and Jason, Alex, Keshav and others represent our commitment to and our ambition in the ILS space. Gallagher Re will continue to attract market-leading talent over the coming weeks and months as we further enhance our capabilities to serve clients.”
Gallagher Re has been building out is ILS focused Securities team of late, with other key hires being Alexandre Delacroix from Natixis for an EMEA focused capital markets and ILS role, and Keshav Gupta who was at AXIS Capital before his move.