Working together to deliver bespoke programmes
The rise in geopolitical violence across the world makes our team’s role of protecting client assets in conflict zones more important than ever. At Gallagher Re, we have the market expertise, intellectual capability and trading relationships to execute programmes successfully in an evolving market.
We excel in understanding the nuances of the political violence and terror subclasses, enabling us to provide tailored, effective solutions for our clients. Our team works alongside Gallagher Re’s Marine and Energy specialists, providing us with unprecedented knowledge of how insurers are managing and buying reinsurance to protect their portfolios. Our analytics teams are fully integrated with our broking function to provide a balance of analytics and commercial insight — we deliver actionable insights based on modelled outputs.
Holistic approach to terrorism and political violence programmes
We believe that design and execution of the optimal reinsurance programme is a collaborative, holistic effort representing the best ideas from across our company.
Working with you to understand your business objectives, risk appetite and key priorities – and ensuring they reflect the continually changing market dynamics — is key to our approach and programme design. With this context, we quantify:
- Cost of capital (CoC)
- Economic value assessment (EVA). We quantify the reinsurance margin ceded against volatility protection
- Opportunity cost. We evaluate how reinsurance spend interacts with your wider strategic aims
- Comprehensive benchmarking. We compare your CoC and EVA metrics against peers
- Data strategy. We evolve the information we provide to reinsurers such that we arm them with concise, credible and transparent analysis they can include in their pricing models
As part of this strategy review, we consider: