Capsicum Reinsurance Brokers
Capsicum Reinsurance Brokers is a London-based international reinsurance broker operating within Arthur J. Gallagher & Co.'s Gallagher Re division, providing full-service reinsurance brokerage from offices in London and Bermuda with 51-100 employees.
- Company typePublic
- Founded1927
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Capsicum Reinsurance Brokers does
Capsicum Reinsurance Brokers is a London-headquartered international reinsurance broker founded in 2013, operating with offices in London and Bermuda. The firm provides full-service reinsurance brokerage, including treaty placement, structuring, and related advisory services to cedents and insurers across multiple jurisdictions. As part of Arthur J. Gallagher & Co.'s (NYSE: AJG) global reinsurance operations under the Gallagher Re sub-brand, Capsicum sits within a broader parent platform that spans wholesale insurance brokerage, alternative risk solutions, claims and risk management, creative underwriting solutions, and London market risk management. Gallagher reported $13.8 billion in revenue for the 12 months ended December 31, 2025, serving clients across 130+ countries through 1,116 offices, providing Capsicum with access to significant distribution and capital resources.
The firm is led by CEO Simon Behagg and co-founder Rupert Swallow, with a headcount of 51-100 employees. Its revenue mechanics follow the standard reinsurance brokerage model, earning commission and fee income on reinsurance placements rather than carrying underwriting risk. Capsicum's go-to-market leverages the Gallagher Re brand and the parent's cross-sell network, though standalone pricing, contract terms, and revenue figures for Capsicum specifically are not publicly disclosed. The technology layer is inherited from the parent's data and analytics-enabled reinsurance solutions platform, though no proprietary technology specific to Capsicum is documented in available sources.
Capsicum Reinsurance Brokers firmographics
Firmographics- Name
- Capsicum Reinsurance Brokers
- Legal name
- Arthur J. Gallagher & Co.
- Website
- https://capsicumre.com
- Company type
- Public
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Capsicum Reinsurance Brokers is a London-based international reinsurance broker operating within Arthur J. Gallagher & Co.'s Gallagher Re division, providing full-service reinsurance brokerage from offices in London and Bermuda with 51-100 employees.
- Ownership category
- akta.pro rank
Capsicum Reinsurance Brokers industry classification
Industry- Product category
- Reinsurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Reinsurance Brokerage (FSAEADAE)
- akta.pro secondary industries
- Treaty Reinsurance Brokerage (FSAOAHAA), Facultative Reinsurance Brokerage (FSAOAHAB)
Keywords
Where Capsicum Reinsurance Brokers is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Capsicum Reinsurance Brokers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Capsicum Reinsurance Brokers product offering
Product offeringCore offering
Capsicum Reinsurance Brokers is a full-service international reinsurance broker that places and structures reinsurance programs for insurance company clients from its offices in London and Bermuda. The firm operates within Arthur J. Gallagher & Co.'s global reinsurance brokerage platform and acts as an intermediary between cedents and reinsurance carriers, advising on treaty and facultative placements.
Product overview
Gallagher provides insurance, risk management and consulting services through multiple subsidiary companies and solutions. The Global Reinsurance Brokerage offering leverages data and analytics to tailor reinsurance solutions for clients. This operates alongside other Gallagher companies including Claims and Risk Management, Alternative Risk Solutions, Wholesale Insurance Brokerage, Creative Underwriting Solutions, and London Market Risk Management.
Differentiator
Problem solved
Functional benefit
Brands
- Gallagher Re: Global reinsurance brokerage division leveraging data and analytics to tailor reinsurance solutions.
- Gallagher Global Risk Management
Products and services
- International Reinsurance Brokerage Full-service international reinsurance brokerage placing and structuring treaty and facultative reinsurance programs for insurance company cedents, delivered from London and Bermuda offices and supported by the broader Gallagher group's data and analytics capabilities.
Companies that use Capsicum Reinsurance Brokers
Customer profileIdeal customer profiles1 record
Capsicum Reinsurance Brokers technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Capsicum Reinsurance Brokers partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Capsicum Reinsurance Brokers competitors and assessment
Company assessmentDirect peers
- Lockton Re: The reinsurance specialty unit of Lockton, the world's largest independent insurance broker. A direct competitor to Capsicum in specialty and treaty reinsurance placements with similar analytics-led positioning.
- Howden Re: The dedicated reinsurance brokerage arm of Howden Group, operating from London and other major hubs. Directly competes with Capsicum in treaty, facultative, and specialty reinsurance placements for international cedents.
- Guy Carpenter: The global reinsurance and risk advisory arm of Marsh McLennan — the largest pure-play reinsurance broker. Directly comparable to Capsicum as a full-service international reinsurance intermediary operating across treaty, facultative, and analytics-led placements.
- Cooper Gay (now part of Aon): Historically a London-market specialist reinsurance broker, now integrated into Aon. Cited as a historical comparability benchmark for Capsicum's full-service London specialty reinsurance focus.
- Aon Reinsurance Solutions: The reinsurance brokerage division of Aon plc, one of the largest global reinsurance brokers. Comparable to Capsicum as a full-service, data- and analytics-driven reinsurance intermediary serving cedents worldwide.
- JLT Re (now part of Marsh): Was a leading independent reinsurance broker before being acquired by Marsh McLennan and merged into Guy Carpenter. Provides a structural precedent for what happens when a focused specialty reinsurance broker joins a global broker.
- BMS Re: The reinsurance and capital advisory arm of BMS Group, a rapidly growing independent broker. Competes directly with Capsicum in treaty and facultative placements, with particular strength in specialty and analytics-driven offerings.
- TigerRisk Partners: An independent reinsurance and capital markets advisory firm focused on large, complex placements. Comparable to Capsicum as a specialty reinsurance broker competing for cedent mandates in London and Bermuda.
Emerging players
- Acrisure Re: The reinsurance brokerage division of Acrisure, a fast-growing global insurance brokerage. Provides comparable reinsurance intermediation services, though with a broader retail-broker-anchored distribution model.
Regional players
- Miller Insurance Services (reinsurance division): London-market insurance and reinsurance broker with comparable specialty and treaty reinsurance capabilities. Operates from London and competes in overlapping cedent relationships, particularly in the UK and international specialty segments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Capsicum Reinsurance Brokers social profiles
Digital presenceCapsicum Reinsurance Brokers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capsicum Reinsurance Brokers leadership team
Management profileNumber of profiles
Profiles2 records
Capsicum Reinsurance Brokers subsidiaries and ownership
Company hierarchySubsidiaries7 records
Capsicum Reinsurance Brokers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capsicum Reinsurance Brokers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capsicum Reinsurance Brokers
What does Capsicum Reinsurance Brokers do?
Capsicum Reinsurance Brokers is a full-service international reinsurance broker that places and structures reinsurance programs for insurance company clients from its offices in London and Bermuda. The firm operates within Arthur J. Gallagher & Co.'s global reinsurance brokerage platform and acts as an intermediary between cedents and reinsurance carriers, advising on treaty and facultative placements.
Is Capsicum Reinsurance Brokers a public or private company?
Capsicum Reinsurance Brokers is a public company. It is classified as corporate owned and is currently operating.
When was Capsicum Reinsurance Brokers founded?
Capsicum Reinsurance Brokers was founded in 1927. It employs 51 to 100 people.
Where is Capsicum Reinsurance Brokers based?
Capsicum Reinsurance Brokers is headquartered in London, United Kingdom, in the Europe region.
Who are Capsicum Reinsurance Brokers's main competitors?
Direct peers on record are Lockton Re, Howden Re, Guy Carpenter, Cooper Gay (now part of Aon), Aon Reinsurance Solutions, JLT Re (now part of Marsh), BMS Re and TigerRisk Partners. Acrisure Re is listed as an emerging player. Miller Insurance Services (reinsurance division) is listed as a regional player.
Does Capsicum Reinsurance Brokers have an API?
No public API is recorded for Capsicum Reinsurance Brokers.
What industry is Capsicum Reinsurance Brokers in?
Capsicum Reinsurance Brokers's product category is Reinsurance Brokerage. Its primary akta.pro industry code is FSAEADAE, Reinsurance Brokerage, with a secondary code of FSAOAHAA, Treaty Reinsurance Brokerage. Its NAICS code is 52421 and its SIC code is 6411.