Gallagher to acquire 100% stake in Capsicum Re

Gallagher | November 28, 2019

Gallagher to acquire 100% stake in Capsicum Re
Arthur J. Gallagher & Co. (Gallagher) has agreed and signed head of terms for a deal that will see the global brokerage take 100% ownership of Capsicum Reinsurance Brokers LLP (Capsicum Re), a full-service international reinsurance broker. Capsicum Re was founded by Grahame Chilton and Rupert Swallow in 2013 as a joint venture with Gallagher. With Gallagher’s backing and support, the reinsurance brokerage says it was able to achieve “rapid growth … as an effective alternative to the mainstream reinsurance brokers” around the world.

Spotlight

This video highlights how telematics enables automotive manufacturers and insurers to collaborate and deliver tailored insurance to drivers. Drivers also benefit from receiving customized insurance suitable for their circumstances. These capabilities are underpinned by Accenture Connected Platforms as a Service that acts as a data aggregator across the insurance ecosystem.

Spotlight

This video highlights how telematics enables automotive manufacturers and insurers to collaborate and deliver tailored insurance to drivers. Drivers also benefit from receiving customized insurance suitable for their circumstances. These capabilities are underpinned by Accenture Connected Platforms as a Service that acts as a data aggregator across the insurance ecosystem.

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