James Kent, the worldwide chief government of reinsurance dealer Gallagher Re, has been promoted to CEO of world 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 position,” acknowledged Kent in an emailed launch. “Essentially the most gratifying facet has been the possibility to signify our key stakeholders – our purchasers, markets, and colleagues – who’ve remained fastidiously supportive of our enterprise.
“This new position permits the chance to spend extra time with these stakeholders to convey 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 shall be appointed following the required transition interval.
Commenting on the change, Gallagher’s CEO for international brokerage Tom Gallagher mentioned: “James has accomplished an excellent job main and integrating Willis Re into Gallagher, which has Gallagher Re primed for continued development and innovation.
“The newly fashioned international position will convey a single level of contact to Gallagher’s provider 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 stay up for working much more carefully collectively.”
In the meantime, Gallagher chair, president, and chief government Pat Gallagher highlighted that buying Willis Re has accelerated Gallagher’s ambition within the reinsurance area.
“Our aim to be the main reinsurance middleman is now stronger than ever, as it’s evident that our provider companions are confronted with more and more difficult challenges throughout your entire threat to capital spectrum and so they want us to assist them resolve these challenges,” he declared. “By doing this, we’ll guarantee an efficient and aggressive marketplace for our purchasers.”
It’s not clear when the modifications inside Gallagher will take impact.