MGB Re
- Company typePublic
- Founded1927
- HeadquartersToronto, Canada
- Headcount—
- GTM typeB2B
- OfferingServices
MGB Re firmographics
Firmographics- Name
- MGB Re
- Legal name
- Gallagher Re (Arthur J. Gallagher & Co.)
- Website
- https://mgbre.com
- Company type
- Public
- Founded year
- 1927
- Operating status
- Operating
- Ownership category
- akta.pro rank
MGB Re industry classification
Industry- Product category
- Reinsurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Reinsurance Program Structuring & Portfolio Solutions (Broker-led) (FSAOAHAJ)
- akta.pro secondary industry
- Reinsurance Capital & Solvency Analytics (e.g., RBC/Solvency II) (FSAOAIAG)
Keywords
Where MGB Re is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
MGB Re business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Reinsurance Brokerage Services: Gallagher Re earns commissions and fees for placing reinsurance business on behalf of ceding insurance companies. The firm provides comprehensive reinsurance solutions across multiple sectors including aviation, cyber, property, life, mortgage, motor, and specialty risks.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
MGB Re product offering
Product offeringCore offering
MGB Re operates as a reinsurance brokerage placing reinsurance coverage on behalf of insurance carriers and brokers, delivering comprehensive solutions across aviation, cyber, property, life, mortgage, motor, and specialty risks. Beyond placement, the firm provides risk, capital, and analytics advisory services that go beyond traditional reinsurance to help clients optimize capital and navigate complex risk landscapes.
Product overview
MGB Re (Gallagher Re) operates as a global reinsurance broker offering a unified platform of reinsurance and risk solutions. The core offering consists of comprehensive reinsurance solutions across aviation, cyber, property, life, mortgage, motor, and specialty risks sectors, complemented by innovative risk, capital, and analytics services. The portfolio includes market intelligence products (First View reports, MGA Market Report, Natural Catastrophe and Climate Report), specialized advisory services (Cyber Risk, SCS Risk Management, ILS Insights), and analytics offerings (Renewable Assets Underwriting Analytics). These products work together as an integrated advisory ecosystem, combining traditional brokerage with analytics-powered insights to help clients navigate market complexity.
Differentiator
Problem solved
Functional benefit
Products and services
- Reinsurance Solutions Comprehensive reinsurance placement and brokerage services spanning aviation, cyber, property, life, mortgage, motor, and specialty risks, designed to help insurance carriers and brokers transfer risk, access capacity, and achieve growth.
- Risk and Capital Solutions Innovative risk, capital, and analytics advisory offerings that go beyond traditional reinsurance, helping clients optimize capital and navigate complex risk landscapes through bespoke solutions.
- Insurance Linked Securities (ILS) Advisory Analysis and advisory on Insurance Linked Securities and alternative insurance capital markets, helping insurers and investors navigate partnerships, complexity premiums, and sustainable capital strategies.
- Renewable Assets Underwriting Analytics Analytics advisory on hail risks and renewable-asset underwriting vulnerability, using advanced analytics to improve underwriting decisions for renewable energy exposures.
- Cyber Risk Advisory Specialized cyber risk advisory including analysis of restricted AI models and their implications for insurers' cyber risk evaluation and underwriting processes.
- SCS Risk Management Advisory Scientific and strategic advisory services bridging science and strategy to manage Secondary Convective Storm (SCS) risk in the evolving climate landscape.
Companies that use MGB Re
Customer profileSegments4 records
Ideal customer profiles4 records
MGB Re technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
MGB Re partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Artex (Alternative Risk Solutions)corePart of the Gallagher family of companies, Artex provides alternative risk solutions and pioneering ways to reduce risk in competitive markets. Works in conjunction with Gallagher Re to deliver comprehensive reinsurance and risk solutions.
- Gallagher Benefit Services (GB)corePart of the Gallagher ecosystem, GB delivers claims and risk management services. Works alongside Gallagher Re to deliver integrated risk management solutions to clients.
- RPS Wholesale (Gallagher Wholesale Insurance Brokerage)coreRPS provides wholesale insurance brokerage services making coverage for the impossible possible. Collaborates with Gallagher Re for complex reinsurance placements and specialty risk solutions.
- Pen Underwriting (Creative Underwriting Solutions)corePen Underwriting delivers creative underwriting solutions protecting people and organizations across industry sectors. Partners with Gallagher Re for capacity and reinsurance support.
- Alesco (London Market Risk Management)coreAlesco provides London Market risk management services, guiding clients through complex risk landscapes. Works with Gallagher Re for London market access and reinsurance placements.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
MGB Re competitors and assessment
Company assessmentBroad incumbents
- RenaissanceRe: RenaissanceRe is a specialty reinsurer with strong property cat and ILS franchises. As a cedent and increasingly active capital partner, it sits adjacent to reinsurance brokers and shapes the placement landscape that Gallagher Re operates in.
- Munich Re: Munich Re is the world's largest reinsurer and a key cedent for the reinsurance brokerage market. While not a broker, it is a major counterparty and competitor for capital that flows through reinsurance intermediaries, making it a critical comparable at the reinsurance value chain level.
- Swiss Re: Swiss Re is one of the world's largest reinsurers and a frequent counterparty for brokers like Gallagher Re. It is a broad incumbent in the reinsurance ecosystem, competing for capital and risk alongside the brokerage channel.
Direct peers
- Guy Carpenter: Guy Carpenter, a business of Marsh McLennan, is the world's largest dedicated reinsurance intermediary. It directly competes with Gallagher Re across treaty and facultative placements, analytics, and capital advisory for global cedents.
- Howden Re: Howden Re is the reinsurance arm of Howden Group, formed through acquisitions of TigerRisk and other reinsurance platforms. It is a direct competitor in treaty brokerage, ILS, and analytics, and has rapidly scaled to challenge the legacy Big Three broker model.
- Lockton Re: Lockton Re is the reinsurance brokerage practice of the world's largest privately held insurance broker. It competes with Gallagher Re for treaty and facultative placements, particularly in specialty and London Market lines.
- Aon Reinsurance Solutions: Aon's Reinsurance Solutions practice is a top-tier global reinsurance broker offering treaty, facultative, and capital advisory services. It competes head-to-head with Gallagher Re for cedent mandates across all major lines of business.
- BMS Group: BMS Group is an independent insurance and reinsurance broker with growing treaty and specialty reinsurance capabilities. It competes with Gallagher Re for mid-market and specialty cedent relationships, particularly in London and international markets.
- TigerRisk Partners: TigerRisk is a specialist reinsurance broker and capital advisory firm with deep expertise in ILS, structured reinsurance, and analytics. Now part of Howden, it historically competed directly with Gallagher Re for complex and capital-markets-linked placements.
- Miller Insurance Services: Miller is a leading London Market broker with a significant reinsurance practice serving cedents and insurers globally. It overlaps with Gallagher Re's London Market and specialty reinsurance offerings, particularly through its Alesco-adjacent relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MGB Re social profiles
Digital presenceMGB Re financial estimates
Financial estimateRevenue estimate
Valuation estimate
MGB Re leadership team
Management profileNumber of profiles
MGB Re funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MGB Re 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 MGB Re
What does MGB Re do?
MGB Re operates as a reinsurance brokerage placing reinsurance coverage on behalf of insurance carriers and brokers, delivering comprehensive solutions across aviation, cyber, property, life, mortgage, motor, and specialty risks. Beyond placement, the firm provides risk, capital, and analytics advisory services that go beyond traditional reinsurance to help clients optimize capital and navigate complex risk landscapes.
Is MGB Re a public or private company?
MGB Re is a public company. It is classified as unknown and is currently operating.
When was MGB Re founded?
MGB Re was founded in 1927.
Where is MGB Re based?
MGB Re is headquartered in Toronto, Canada, in the North America region.
How does MGB Re make money?
One revenue line is on record: reinsurance Brokerage Services.
Who are MGB Re's main competitors?
Broad incumbents on record are RenaissanceRe, Munich Re and Swiss Re. Direct peers are Guy Carpenter, Howden Re, Lockton Re, Aon Reinsurance Solutions, BMS Group, TigerRisk Partners and Miller Insurance Services.
Does MGB Re have an API?
No public API is recorded for MGB Re.
What industry is MGB Re in?
MGB Re's product category is Reinsurance Brokerage. Its primary akta.pro industry code is FSAOAHAJ, Reinsurance Program Structuring & Portfolio Solutions (Broker-led), with a secondary code of FSAOAIAG, Reinsurance Capital & Solvency Analytics (e.g., RBC/Solvency II). Its NAICS code is 524210 and its SIC code is 6411.