Gallagher today announced a raft of senior facultative (fac) reinsurance appointments. The expansion is part of Gallagher’s growth plans for its global fac team, which includes establishing new hubs in Singapore and Sydney over the coming months, and expanding its existing teams in London, New York and Dubai.
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Claire Burrell will join in April as Chief Operating Officer (COO). She joins from The Ardonagh Group, where she has worked for five years, most recently as COO, having previously held senior positions at ERS, First Central Law and First Central Insurance Management. She is also a Master at the Worship Company of Insurers. Claire will report to Malcolm Payton, Head of Global Fac for Gallagher and will be responsible for all operational aspects of the global fac division during this period of growth.

Gallagher has additionally made a number of other senior appointments. Alex Groves has joined as an Executive Director bringing 30 years’ reinsurance experience and joins from Guy Carpenter having previously held roles at WTW, Decus and Marsh. Alex will report to Ian Baker, Executive Director and Head of UK Fac Operations and will focus on supporting the USA, Puerto Rican & Canadian broking team.

Trevor Noad has been appointed Broking Director supporting clients based in the USA & Canada. He joins from Howden having previously worked at TBH Group. Trevor will report to Helen Pound, Executive Director and Head of Fac Property USA, Puerto Rico & Canada.

Mark Sherwin has joined as an Executive Director and Head of Fac Property UK & Ireland. He joins from Miller having previously worked at Guy Carpenter.

Emily Stanford has joined as an Executive Director supporting on global clients, facilities and consortiums. Emily joins from Ardonagh Specialty having previously held positions at Guy Carpenter, Lonmar and Alexander Forbes. Both Mark and Emily will report to Paul Butcher, Managing Director and Head of UK Property Fac.

Commenting on the developments, Malcolm said: “The reinsurance landscape has changed and with unpredictable rates and solvency regulation requiring greater capital retention, insurers are rethinking what and how they insure. As they seek greater flexibility and control, fac is an increasingly attractive option for clients.

“Establishing global hubs will ensure we deliver a comprehensive, coordinated service to clients. It will give additional consistency in processes and sales across all classes, help us broaden our client base, and introduce portfolio diversity and resilience in collaboration with international customers and markets.

“These new appointments build on our existing team and I am confident the level of expertise we have at Gallagher is second to none. These appointments speak directly to our strategy of employing and retaining talented people to support our clients.”