Gallagher Re

What Gallagher Re does

Gallagher Re is the global reinsurance brokerage division of Arthur J. Gallagher & Co. (NYSE: AJG), a publicly traded insurance conglomerate founded in 1967 and headquartered in the United States with a primary operating base in London, United Kingdom. The firm provides comprehensive reinsurance solutions across aviation, cyber, property, life, mortgage, motor, and specialty risks, alongside risk advisory, capital markets, and analytics services for insurance carriers, reinsurers, Managing General Agents (MGAs), and large corporate risk buyers across the Americas, EMEA, APAC, and LATAM. It operates as an enterprise field-sales model with no third-party resellers, employing 1,001-5,000 staff distributed across at least nine regional offices and a stated operating footprint of approximately 19 countries.

The company's product platform rests on three pillars: (1) core treaty and facultative reinsurance broking, (2) the Arthur Re Ltd. Bermuda-based catastrophe bond issuance platform, which has originated multiple bonds including Woody Re 2026-1 ($75m) and Quercian Re 2026-1 ($150m), and (3) advanced analytics, including the first-broker deployment of the Allphens exposure management platform covering property, onshore energy, and terrorism lines, with real-time exposure analytics. Proprietary research products (Natural Catastrophe and Climate Report, Global InsurTech Report, Florida Market Watch, First View, MGA Market Report) and a dedicated Chief Science Officer function support advisory positioning.

Revenue is generated through negotiated reinsurance brokerage commissions and fees on placements, with multi-year enterprise contracts and bespoke pricing per engagement; no public pricing is disclosed. The firm earns no revenue from external insurance policy issuance itself, as it operates as an intermediary. Growth is being pursued through bolt-on acquisitions (MGB Re in 2024 for medical reinsurance, Resilea in 2025 for South African entry), regional expansion (a new Dubai-based Middle East and Africa hub launched in February 2026 under Chairman Fabrice Jerlin, with an Africa Re partnership), and new product lines such as the December 2025 captives risk transfer team. The firm faces a notable legal exposure: a U.S. Court of Appeals ruling in the Porch.com/Vesttoo matter partially revived breach-of-contract claims tied to a fraudulent collateral letter in a prior placement.

Name

Gallagher Re

Legal name

Arthur J. Gallagher & Co.

Website

https://gallagherre.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Gallagher Re is the global reinsurance brokerage division of Arthur J. Gallagher & Co. (NYSE: AJG), providing treaty and facultative broking, analytics, and ILS/catastrophe bond services to insurance carriers, reinsurers, MGAs, and large corporate risk buyers across the Americas, EMEA, APAC, and LATAM.

Ownership category

akta.pro rank

Product category

Reinsurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Reinsurance Brokerage (FSAEADAE)

akta.pro secondary industries

Reinsurance Broker Analytics, Modeling & Advisory Services (FSAOAHAH), Catastrophe Reinsurance Brokerage & Placement (FSAOACAN), Reinsurance Program Structuring & Portfolio Solutions (Broker-led) (FSAOAHAJ), Facultative Specialty Lines Reinsurance (Marine, Aviation, Energy, Cyber, Surety, Political Risk) (FSAOAFAD)

Keywords

• Reinsurance brokerage
• Risk analytics
• Catastrophe bonds
• Exposure management
• Capital markets solutions

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Reinsurance Brokerage Commissions: Gallagher Re operates as a reinsurance broker earning commissions and fees from placing reinsurance coverage on behalf of clients including insurance carriers, MGAs, and other risk-bearing entities. Revenue is derived from brokerage commissions on reinsurance placements across property, casualty, specialty, and other lines.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gallagher Re operates as a global reinsurance broker placing reinsurance coverage on behalf of insurance carriers, reinsurers, MGAs, and corporate risk buyers across aviation, cyber, property, life, mortgage, motor, and specialty lines. The firm combines traditional treaty and facultative brokerage with analytics, exposure management, and capital markets solutions, including catastrophe bond issuance via its Bermuda-based Arthur Re Ltd. platform. It supplements placement services with proprietary research, modeling, and advisory capabilities delivered through field-based teams across the Americas, EMEA, and APAC.

Product overview

Gallagher Re operates as a global reinsurance broker offering a unified platform of reinsurance broking and advisory services. The core offering includes comprehensive reinsurance solutions across aviation, cyber, property, life, mortgage, motor, and specialty risks, supported by innovative risk, capital, and analytics capabilities. Key product components include the Arthur Re Ltd. platform for catastrophe bond issuance, research publications (Natural Catastrophe and Climate Report, Global InsurTech Report, Florida Market Watch Report, First View Report), Program Solutions for multi-territory coverage, and ILS/Capital Markets solutions. The analytics and exposure management function underpins the entire offering, providing real-time analytics to optimize treaty structures and capital deployment.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Reinsurance Solutions Brokered reinsurance placement and advisory services across aviation, cyber, property, life, mortgage, motor, and specialty risks for insurance carriers, reinsurers, MGAs, and large corporate risk buyers. Includes treaty and facultative reinsurance broking, structured risk transfer, and capital advisory delivered through global field-based teams.
• Analytics and Exposure Management Advanced analytics, exposure management, and risk assessment services that help cedants and reinsurers optimize capital, navigate property catastrophe rate pressures, and structure treaty placements. Includes real-time exposure analytics through deployment of the Allphens platform across property, onshore energy, and terrorism lines.
• Arthur Re Ltd. Catastrophe Bond Platform Bermuda-based special purpose insurer and platform that reduces cost and time to market for index-triggered catastrophe bond sponsors. Issues multi-peril cat bonds providing protection against named storms, earthquakes, severe thunderstorms, winter storms, and wildfires, as demonstrated by issuances such as Woody Re 2026-1 ($75m) and Quercian Re 2026-1 ($150m).
• Cyber Risk Solutions Specialized cyber reinsurance and advisory solutions addressing digital risks, AI liability, restricted AI model exposures, and emerging cyber threats, delivered through regional cyber practices including APAC.
• ILS and Capital Markets Solutions Insurance-linked securities, catastrophe bonds, and alternative capital solutions connecting cedants with insurance-linked securities investors and alternative capital providers to support risk transfer and capital relief placements.
• Program Solutions
• Captives Risk Transfer Solutions Structured and bespoke reinsurance solutions for captive insurers, delivered by a dedicated captives risk transfer team within the global facultative business and supported by analytics and international market access.

Quantifiable outcome

• First reinsurance broker to deploy Allphens exposure management platform with multi-line coverage
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Fidelis Partnership Syndicate 3123coreTechnology or Integration · 26 June 2026Gallagher Re's Arthur Re Ltd. platform issued the $75 million Woody Re 2026-1 catastrophe bond providing Syndicate 3123 at Lloyd's with its first-ever cat bond reinsurance protection against named storms, earthquakes, severe thunderstorms, winter storms, and wildfires in North America.
• OAK Global / OAK Reinsurance Syndicate 2843coreTechnology or Integration · 4 June 2026Gallagher Re supported OAK Global's inaugural entry into the insurance-linked securities market through its Bermuda-based Arthur Re platform, executing a $150 million Quercian Re 2026-1 catastrophe bond issuance providing annual aggregate protection against US and Canada named storms, earthquakes, and US wildfire events.
• AllphenscoreTechnology or Integration · 3 June 2026Gallagher Re became the first reinsurance broker to deploy Allphens exposure management platform, signing a multi-line agreement covering property, onshore energy, and terrorism lines. The platform provides real-time exposure analytics to help cedants navigate property catastrophe rate pressures and optimize treaty structures.
• Africa RecoreStrategic or Co-development Partner · 3 February 2026Gallagher Re partnered with Africa Re to boost resilience against climate and disaster risks across the African continent. The partnership supports expanded reinsurance operations in the Middle East and Africa region, with Chairman Fabrice Jerlin leading the expansion initiative.
• MGB RecoreStrategic or Co-development Partner · 16 January 2024Gallagher Re acquired Toronto-based MGB Re, a provider of reinsurance solutions to the U.S. medical sector. The acquisition aimed to enhance Gallagher Re's medical reinsurance growth and service offerings, expanding capabilities in the healthcare reinsurance market.
• A.H. Horn and Associates LimitedminorStrategic or Co-development Partner · 16 January 2024Gallagher Re expanded in Canada through the acquisition of A.H. Horn and Associates Limited, part of broader North American expansion activities.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Others

• Artex Risk Solutions: Captive management and alternative risk solutions provider that manages Arthur Re Ltd. (Gallagher Re's Bermuda cat bond SPV); adjacent ecosystem participant enabling Gallagher Re's ILS origination rather than a direct reinsurance broker competitor.

Broad incumbents

• RPS (Risk Placement Services): Wholesale brokerage arm of Arthur J. Gallagher (same parent as Gallagher Re) that overlaps in MGA support and specialty placement, but operates as part of AJG's broader retail/wholesale franchise rather than as a pure-play reinsurance broker.
• Marsh: Largest insurance broker globally and parent of Guy Carpenter; offers reinsurance-related advisory within a much wider retail brokerage and risk consulting portfolio, including reinsurance support within its risk management practice.

Emerging players

• Acrisure Re: Fast-growing private insurance platform that has been building reinsurance capabilities through acquisitions; an emerging competitor in treaty and facultative broking with growing geographic reach.

Direct peers

• Lockton Re: Independent reinsurance broker with growing global presence; competes with Gallagher Re in treaty placements, MGA support, and analytics-driven advisory services.
• Willis Re: WTW's reinsurance brokerage division; a direct peer in treaty and facultative broking that has been actively hiring senior talent from Gallagher Re (Richard Jones, Tina Thomson), increasing competitive intensity in Asia and analytics.
• Aon Reinsurance: Aon's reinsurance brokerage arm is the closest direct competitor to Gallagher Re, offering treaty and facultative reinsurance placement, ILS/capital markets solutions, and analytics across property, casualty, and specialty lines globally.
• Guy Carpenter: Marsh McLennan's reinsurance brokerage arm and historically the largest global reinsurance intermediary, competing head-to-head with Gallagher Re across treaty broking, capital markets, and analytics for cedants and MGAs.
• TigerRisk Partners: Independent reinsurance broker focused on treaty and capital markets advisory; a comparable peer in specialty lines and analytics-led reinsurance placement.
• Howden Re: Independent reinsurance broker that has emerged as a major challenger to the top three, particularly in specialty and emerging markets; directly comparable to Gallagher Re's facultative and treaty capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/GallagherRe_
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Revenue estimate

Valuation estimate

Number of profiles

Profiles25 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gallagher Re