In this new global role, Jonathan will bring together the experienced, specialist London market and international teams and be responsible for leading and developing Gallagher Re’s global product offering across credit and political risk, enabling clients to access both treaty and facultative solutions. He will also partner with Jim Latorre who leads the distinct North American Surety team to develop the surety arena across the world.
Jonathan brings a wealth of knowledge and reinsurance market experience, having specialised in credit, surety and political risk from the very outset of his broking career. He joins from Renaissance Re where he was Vice President of Underwriting responsible for the management and underwriting of credit, surety and political risk reinsurance as well as structured credit portfolio accounts on European and Lloyd’s balance sheets. Prior to this, Jonathan spent 10 years broking credit, surety and political risk at Willis Re.
Tony Melia, CEO of International at Gallagher Re, commented: “The creation of a new global leadership role in such a specialised line of business is testament to our continued focus on harnessing the power of Gallagher Re for the benefit of clients, wherever they are in the world. Jonathan’s breadth of experience combining both broker and reinsurer perspectives equips him brilliantly to lead our global product proposition in this area of ever-changing risk.”
Jonathan Allard added: “Recent geopolitical events and macro-economic conditions have driven demand and need for dynamic reinsurance solutions from both the public and private sectors. This is an exciting opportunity to join a global reinsurance broker whose focus is firmly on delivering exceptional client value and growing a sustainable market, and I’m looking forward to working with my many colleagues around the world to deliver just that.”
Mark Jenkins simultaneously assumes the position of Chairman of the Global Credit & Political Risk team.
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