Gallagher Re, the reinsurance arm of the Gallagher broking group, has announced the hiring of senior meteorologist Steve Bowen from rival Aon, as it builds-out its scientific arm.
Bowen takes on the newly created position of Chief Science Officer within the reinsurance brokers’ Global Analytics & Advisory unit.
Bowen is based in Chicago and will have a global role at Gallagher Re, working closely with the recently launched Gallagher Research Centre, Global Catastrophe Analytics, and the Climate and ESG teams. He joins the business on 3 October 2022.
Bowen has a background in meteorology and business analytics and started his career in broadcast television before moving to the insurance industry in 2007.
He spent 15 years at Aon, most recently as Managing Director and the Head of Catastrophe Insight.
He has been a frequent collaborator with governmental agencies, academia and industry groups, and very well-known across the risk and insurance spectrum as an expert in his field.
Brian Ingle, President of Global Analytics & Advisory, Gallagher Re, commented on the hire, “We are absolutely delighted Steve has chosen to join Gallagher Re. His appointment is further evidence of our determination to bring the best talent and subject matter expertise to our clients, wherever they are in the world.
“Steve’s addition to our team of practical, solutions-oriented, data-led specialists ensures Gallagher Re’s clients and the public at large get objective, fact-based assessments of the evolving risks arising from climate change. With the world’s risk horizon looking increasingly turbulent, Gallagher Re is fully provisioned to help our clients successfully navigate the future. We are excited to welcome Steve aboard.”
Bowen added, “We live in a solutions driven world. The growing and broad-reaching impacts of climate change and natural hazards are becoming more evident by the day, and there is a critical need to innovate and clearly communicate how risk is evolving. I am thrilled to be joining the Gallagher Re family where there is a strong commitment to collectively work together to help clients better understand their view of risk.
“We will strive to help move the climate change conversation forward by collaborating with various private and public sector entities to develop and deliver applicable thought leadership. It is an exciting time to be a scientist in the insurance industry.”