Newly rebranded Gallagher Re eyes rival talent to drive growth strategy

Specialist reinsurance broker Gallagher Re (formerly Capsicum Re) has hired a senior leader from Guy Carpenter to support its growth strategy in the UK, having recently completed the integration of its reinsurance business into Gallagher.

Capsicum Re began trading as Gallagher Re starting October 1.

Ian Kerton will join Gallagher Re's motor & casualty division as a partner in April 2021.

Kerton has over 27 years’ treaty reinsurance market experience and is said to be highly respected as a producer of UK motor business.

Kerton joins Gallagher Re from Guy Carpenter, where he has led the UK property & casualty team since 2013 and was appointed a member of the UK board last year.

Prior to his decade with Guy Carpenter, he spent 17 years with HSBC Insurance Brokers’ reinsurance business, where he led the multi-line, multi-territory broking team and held responsibility for business in Asia as well as the UK.

Rupert Swallow, chief executive of Gallagher Re, said: “Hiring the best broking and leadership talent – individuals who put client advocacy above all else – sits at the heart of our growth strategy and Ian will be another superb addition to the business. On the production side, the strength and breadth of his UK motor relationships are highly complementary to our team’s existing client base, which will make for a powerful and accretive combination. We are absolutely delighted that Ian has chosen to join Gallagher Re at this exciting and dynamic juncture in our growth story.”