Gallagher Re and ICMR sign exclusive relationship
Combining deep expertise in reinsurance broking with innovative quantitative analysis
Gallagher Re, a leading global reinsurance broker, and ICMR, a quantitative analysis specialist, today confirmed the signing of an exclusive relationship. The partnership combines Gallagher Re’s deep expertise in reinsurance broking with ICMR’s innovative quantitative analysis solutions to provide clients with cutting-edge tools and insights to help them manage their risk and capital more effectively.
Under the terms of the agreement, Gallagher Re will have exclusive broker access to ICMR’s suite of products and services, including its flagship ICMR.Matrix solution. ICMR.Matrix is a powerful tool that helps reinsurers and cedents understand and manage their risk portfolios more effectively. It provides insights into market trends, competitor positioning, and relative performance, as well as risk concentration and capital adequacy.
“We are delighted to partner with ICMR,” said Michel Büker, Chairman of Capital Solutions at Gallagher Re. “ICMR’s quantitative analysis solutions are some of the most advanced in the market, and we believe that this partnership will provide our clients with insights unavailable elsewhere. Together, we will be able to offer our clients a truly unique and comprehensive range of services to help them manage their risk and capital more effectively.”
“We are thrilled to be partnering with Gallagher Re,” said Markus Gesmann, co-founder of ICMR. “Gallagher Re is a leading global reinsurance broker with a deep understanding of the needs of its clients.” Quentin Moore, co-founder of ICMR added “we believe that our combined expertise will be invaluable to reinsurers and cedents alike, as they look to navigate the convergence between reinsurance and capital markets.”
About Gallagher Re
Gallagher Re is a global reinsurance broker that provides a wide range of reinsurance services to clients around the world. Gallagher Re is a subsidiary of Arthur J. Gallagher & Co., one of the world’s largest insurance brokers.
About Insurance Capital Markets Research (ICMR)
ICMR are specialty (re)insurance quantitative analysts whose data, analytics and insights help their clients make better decisions. Its founders are Lloyd’s former heads of analysis and research who also worked together in the capital markets and in insurance linked securities. ICMR was established in early 2020, launching the RISX index, the first equity benchmark for the global specialty (re)insurance sector and investments into the Lloyd’s of London market in 2021.
External Communications Director, EMEA
- The best reinsurance underwriters to follow? It’s all in the data
- Syndicates relative performance consistency essential in follow-only strategies
- Lloyd’s net underwriting profitability trends disappoint
- Lloyd’s result not quite as good as predicted - here’s why
- ICMR suggests a sub-90% combined ratio for Lloyd’s based on ‘RISX’ index