ACE Gallagher

What ACE Gallagher does

ACE Gallagher is a MENA-focused insurance and reinsurance brokerage firm headquartered in Manama, Bahrain, with operating history spanning more than 70 years (founded 1950). The company operates through 16 offices across 8 countries — Bahrain, Saudi Arabia (Riyadh, Jeddah, Al Khobar), the United Arab Emirates (Dubai and Abu Dhabi), Kuwait, Oman, Lebanon, and Greece — and employs approximately 220 professionals. Its service portfolio is organized around three core offerings: Direct Broking (placing corporate insurance programs), Consultancy and Risk Management (advisory and claims support), and Reinsurance Broking through its ACE Re entity based in Dubai International Financial Centre. Specialized product lines include Cyber Insurance, D&O Liability, Decennial Liability for Saudi construction projects, Trade Credit Insurance, Financial Institution Insurance, and Insurance Captive Management.

The company earns revenue primarily through commissions on insurance and reinsurance placements (transaction-fee model) supplemented by professional-services fees for consultancy and risk management work. Pricing is bespoke and quote-based, reflecting the enterprise nature of client engagements rather than standardized tiers. ACE Gallagher sells through a relationship-led, field-based enterprise sales motion across its regional office network, augmented by global reach via the Brokerslink network and its strategic partnership with Gallagher. Ownership is split between MIG Holding (70%) and Gallagher (30%), with Gallagher having acquired a majority stake specifically in the reinsurance subsidiary in June 2026.

The firm serves large corporate clients across construction, energy, healthcare, financial services, and sports sectors, and supplies reinsurance brokerage services to insurers seeking capacity for large and specialty risks. Notable enterprise mandates include the establishment and management of an insurance captive for Bapco Energies in Bahrain, executed in partnership with Artex Risk Solutions (part of the wider Gallagher Group). The company holds no proprietary technology platform; its capabilities rest on human expertise, regional regulatory fluency, insurer security evaluation, and the embedded distribution footprint built over seven decades.

Name

ACE Gallagher

Legal name

ACE Gallagher Holding

Website

https://www.ace-gallagher.com/

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

101–250 employees

Short description

ACE Gallagher is a MENA insurance and reinsurance brokerage headquartered in Bahrain, operating across 16 offices in 8 countries with ~220 professionals. It provides direct broking, consultancy, and reinsurance placement to corporate clients and insurers across construction, energy, financial services, and other sectors.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Reinsurance Brokerage (FSAEADAE)

akta.pro secondary industries

Captive Insurance Advisory & Management (FSAEADAF), Reinsurance Program Structuring & Portfolio Solutions (Broker-led) (FSAOAHAJ)

Keywords

• Insurance brokerage
• Reinsurance broking
• Risk management consulting
• Commercial insurance advisory
• MENA insurance solutions

Headquarters

HQ city

Manama

HQ country

Bahrain

HQ region

Middle East

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Broking Commissions: ACE Gallagher earns commissions from placing direct insurance policies for corporate clients across various sectors including construction, financial institutions, healthcare, and general corporate risks in the MENA region.
2. Reinsurance Broking Commissions: The company provides reinsurance brokerage services to insurers, placing large and specialty risks globally through ACE Gallagher Re operations based in DIFC, earning commissions on treaty and facultative placements.
3. Risk Management Consulting: Consultancy services providing risk assessment, claims management, and tailored insurance solutions to address client business challenges across the MENA region.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

ACE Gallagher is an insurance and reinsurance brokerage firm that places direct insurance policies for corporate clients across the MENA region, advises insurers on reinsurance placement for large and specialty risks through ACE Gallagher Re, and provides risk management consulting including risk identification, vulnerability assessment, and claims management. The firm operates through 16 offices across 8 countries and delivers its services through a partnership with Gallagher that provides global specialty capabilities and reinsurance expertise.

Product overview

ACE Gallagher is an insurance and reinsurance brokerage firm offering a unified service portfolio centered on three core offerings: Direct Broking, Consultancy & Risk Management, and ACE Gallagher Re (Reinsurance Broking). The company operates across the MENA region through 16 offices in eight countries. The core direct broking and reinsurance broking services are complemented by specialized insurance solutions including cyber insurance, financial institution insurance, D&O liability insurance, decennial liability insurance for construction, trade credit insurance, and captive insurance management. The product architecture is organized as a full-service insurance advisory firm where direct broking serves retail and corporate clients, reinsurance broking supports insurers, and consultancy services provide risk management expertise. The recent partnership with Gallagher (global insurance firm) has expanded their global reach and specialty capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Broking Trusted broker of record service combining global standards with expertise and local market insight, providing direct insurance placement for corporate clients across the MENA region.
• Consultancy & Risk Management Experienced MENA consultants deliver industry-focused insurance solutions, guiding clients in strategy, risk management, and business challenges. The service includes risk identification, vulnerability assessment, and risk evaluation.
• ACE Gallagher Re (Reinsurance Broking) Independent reinsurance broker advising insurers and assisting with risk placement, placing large and specialty risks globally. Based in Dubai International Financial Centre (DIFC) with a network of offices across the MENA region.
• Cyber Insurance Insurance coverage to protect businesses against financial losses from cyberattacks, data breaches, and technology disruptions, including forensic investigation costs and crisis management coverage.
• Financial Institution Insurance Specialized insurance programs for financial institutions covering operational risks including internal fraud, professional liability, system defects, and cyber vulnerabilities, including professional indemnity and cyber risk coverage.
• Directors & Officers (D&O) Liability Insurance Protection for executives and board members against claims from employees, shareholders, regulatory agencies, and customers, covering defense and indemnity across settlements and judgments.
• Decennial Liability Insurance Insurance protecting construction contractors and design consultants against compensation claims for defective design, workmanship, or materials for a 10-year period following project completion, mandated for construction projects in Saudi Arabia.
• Insurance Captive Management Establishment and management of captive insurance companies for large organizations, enabling clients to assert greater control over insurance portfolios, bolster negotiating ability with commercial markets, and optimize insurance costs.
• Trade Credit Insurance End-to-end supply chain protection covering unpaid invoices, buyer defaults, and insolvencies, guarding businesses from financial risks following delivery of goods and services.

Quantifiable outcome

• High client retention rate demonstrating strong service quality and satisfaction

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, core and supporting.

• Bapco EnergiesmajorStrategic or Co-development Partner · 23 January 2024Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, signed a strategic agreement with ACE Gallagher to establish and manage an Insurance Captive Company. ACE Gallagher was appointed as the lead captive manager after securing the highest combined technical and commercial score in a rigorous selection process overseen by the Bahrain Tender Board. The partnership supports Bapco Energies' transformation and centralization efforts, developing a centralized risk framework and tailored insurance coverage.
• Artex Risk SolutionscoreStrategic or Co-development Partner · 23 January 2024Artex Risk Solutions, the largest captive manager globally and part of the wider Gallagher Group, partnered with ACE Gallagher in the Bapco Energies captive insurance project. The team of highly skilled professionals drawn from both local and regional talent pools along with Artex Risk Solutions delivers unparalleled advice for captive insurance management.
• BrokerslinksupportingStrategic or Co-development PartnerACE Gallagher is part of the Brokerslink insurance broking network community, consisting of brokers from around the world. This partnership enables cross-selling and cooperation with a variety of providers across different markets, expanding ACE Gallagher's global reach and capabilities.
• Royal Humanitarian Foundation (RHF)supportingOthersACE Gallagher partnered with the Royal Humanitarian Foundation to support orphans in Bahrain through a volunteering initiative. The partnership demonstrates the power of community and corporate collaboration in creating positive impact, with ACE Gallagher's Bahrain team participating in events to support children under the Foundation's care.
• Tree of Life Social Charity SocietysupportingOthersACE Gallagher joined hands with Tree of Life to enhance lives of orphans in Bahrain, focusing on food and education support. The partnership has included organizing events and activities for children supported by the charity.
• Al Noor Training CentresupportingOthersACE Gallagher partnered with Al Noor Training Centre to support children of determination, demonstrating the company's commitment to social responsibility and community support in Bahrain.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Guy Carpenter: Specialty reinsurance broker and Marsh subsidiary operating globally with regional MENA capabilities. Most direct peer to ACE Gallagher Re on treaty and facultative reinsurance placement for large and specialty risks.
• Aon Reinsurance Solutions: Reinsurance arm of Aon focused on treaty, facultative, and capital advisory. Comparable to ACE Re in reinsurance broking, analytics, and large project placements across the Middle East.
• Howden: Growing global insurance group with expanding MENA footprint, particularly active in reinsurance and energy/construction lines. Comparable as a privately-oriented broker competing for similar large commercial and specialty placements.
• Willis Towers Watson (WTW): Global advisory and insurance broker with significant MENA presence across risk management, brokerage, and human capital consulting. Directly competes with ACE Gallagher on large corporate insurance and risk advisory mandates.
• Aon: Global insurance and reinsurance broker operating across MENA with offices in UAE, Saudi Arabia, and other GCC markets. Competes head-to-head with ACE Gallagher on direct brokerage, reinsurance, and risk management for multinational corporates.
• Lockton: World's largest privately-held insurance brokerage with growing Middle East presence. Comparable as an independent-style broker competing for large corporate and specialty insurance placements in the region.
• Marsh: Global insurance brokerage and risk management firm with major MENA presence across all GCC countries. Directly competes with ACE Gallagher on corporate insurance placement, captive advisory, and risk consulting for large enterprise clients.

Regional players

• Trust International Insurance & Reinsurance Brokerage: Bahrain-headquartered insurance and reinsurance broker focused on MENA markets. Comparable regional peer competing in the GCC insurance brokerage space with similar product breadth.
• Al Mal Insurance Brokers: Regional GCC insurance brokerage serving corporate clients across the Middle East with direct broking and reinsurance services. Comparable as a regionally focused broker competing for similar MENA corporate clients.

Broad incumbents

• Arthur J. Gallagher & Co. One of the world's largest insurance brokerage firms and ACE Gallagher's strategic partner with 30% stake and majority in ACE Re. Operates globally with broader portfolio of services; a relevant peer for benchmarking and parent-affiliate dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 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 ACE Gallagher