James Kent, the worldwide chief govt of reinsurance dealer Gallagher Re, has been promoted to CEO of worldwide insurance coverage strategic relationships at Gallagher.
“Main our reinsurance enterprise for the final six years has been an honor, and it’ll proceed to be so till I step into the brand new function,” said Kent in an emailed launch. “Probably the most gratifying side has been the prospect to characterize our key stakeholders – our purchasers, markets, and colleagues – who’ve remained fastidiously supportive of our enterprise.
“This new function permits the chance to spend extra time with these stakeholders to carry an built-in platform for future success.”
Succeeding Kent as Gallagher Re’s international boss is Tom Wakefield, who at the moment leads Gallagher Re within the UK. He will likely be appointed following the mandatory transition interval.
“Excellent job”
Commenting on the change, Gallagher’s CEO for international brokerage Tom Gallagher mentioned: “James has accomplished an impressive job main and integrating Willis Re into Gallagher, which has Gallagher Re primed for continued development and innovation.
“The newly fashioned international function will carry a single level of contact to Gallagher’s service relationships, to help development ambitions throughout our core buying and selling partnerships. I’m delighted that James has agreed to drive this initiative ahead throughout our group and sit up for working much more intently collectively.”
In the meantime, Gallagher chair, president, and chief govt Pat Gallagher highlighted that buying Willis Re has accelerated Gallagher’s ambition within the reinsurance house.
“Our objective to be the main reinsurance middleman is now stronger than ever, as it’s evident that our service companions are confronted with more and more difficult challenges throughout your entire threat to capital spectrum and so they want us to assist them remedy these challenges,” he declared. “By doing this, we’ll guarantee an efficient and aggressive marketplace for our purchasers.”
It’s not clear when the adjustments inside Gallagher will take impact.
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