Peter Mullen has now returned to Artex Risk Solutions, one of the largest insurance management firms and a key facilitator in the insurance-linked securities (ILS) and collateralised reinsurance space, as Chief Executive Officer.
Mullen helped to found Artex in 1997 and served as a member of its executive team until he departed to work for Aon as CEO of Aon Captive & Insurance Management in 2011. His career began with insurance giant AIG.
It was announced a year ago that Mullen would be returning to lead Artex, at a time when the company has been expanding its role in collateralised reinsurance and ILS markets.
Now, Mullen is back with the firm and now as he moves into the CEO role, David McManus has shifted to assume the new role of Chairman of Artex.
“I am thrilled to welcome Peter back to Artex and excited for what the future holds under his leadership,” commented David McManus. “Innovation is at the core of his talents and is the foundation of our company. I’m confident that this innovation, together with Peter’s fresh perspective and energy, will drive Artex to even greater success in the years to come.”
Mullen, McManus and Artex North America President, Jennifer Gallagher, founded Artex back in 1997.
Mullen spent over 20 years with Artex and its parent company, Gallagher, before his time with Aon.
Artex is a subsidiary of insurance and reinsurance brokerage Arthur J. Gallagher & Co. The firm provides clients with a range of alternative risk transfer and insurance management services, ranging from reinsurance transformers, special purpose vehicles for cat bond issuance, to segregated cell structures, captives and other solutions that specifically target the collateralised reinsurance and ILS market.
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