Gallagher Re has named Lisa Duncan as senior vice president for its North America program solutions division.
Duncan brings more than 16 years of experience in the reinsurance sector. She most recently served as senior vice president at BMS Re US, where she focused on hybrid facultative and treaty property solutions aimed at bridging program gaps for managing general agents (MGAs) looking to streamline portfolio exposures.
Her previous roles include director of reinsurance solutions at Aon, where she specialized in hybrid and semi-automatic property broking, and executive vice president of property at Risk Placement Services, Inc.
She also worked at Aon as a senior broker in property M&A and transaction solutions and held vice president roles in property practice at both Marsh and Integro Insurance Brokers. Earlier in her career, Duncan served as insurance and risk manager for the Americas at Burberry.
Duncan started her career as a client advisor in the property practice at Marsh, where she worked from 2008 to 2011 across Pittsburgh and New York City.
She holds a bachelor of arts in sociology, applied statistics, and applied chemistry from the University of Pittsburgh. While at the university, she was involved with the Honors College, served as vice president of the Blue & Gold Honor Society, and chaired the Homecoming Committee.
Gallagher Re’s program solutions team focuses on building connections between MGAs, managing general underwriters, and other agency partners with global insurance and reinsurance capacity.
The appointment comes as the MGA sector continues to see shifts, with consolidation among players and growing demand for efficient fronting arrangements. MGAs face increasing pressure to deliver consistent underwriting performance amid a challenging capacity environment.
Hybrid and program-specific reinsurance solutions have gained attention as firms seek more flexible and efficient ways to manage risk and capital in response to these market trends.
Gallagher Re has emphasized its strategic push to strengthen its global reinsurance operations by expanding capabilities in program solutions. The firm’s scale provides access to diverse markets, alternative capital sources, and analytics platforms, offering clients customized and competitive options.
In other recent developments, Gallagher Re also named Chulmin Jang as CEO of its operations in Korea.
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