International broker Arthur J.
Gallagher (AJG) has strengthened its specialist capabilities in credit and political risks insurance with two hires from rival Jardine Lloyd Thompson (
JLT).
The brokerage giant has appointed industry stalwarts Rupert Boyle and Nick Ollerenshaw as executive directors who will be based in London.
They will report to Mark Gubbins, managing director of the specialist structured credit and political risks practice.
“Rupert and Nick are well-respected market practitioners; their experience complements our existing offering and strengthens our ability to find solutions that go beyond transactional broking,” Gubbins said.
“They have proven track records of providing entrepreneurial, market-leading solutions to clients and I am looking forward to further developing our offering while expanding our broad client base,” he added.
Joining from JLT with a combined 45 years of experience, Boyle and Ollerenshaw will develop business focusing on structured corporate and trade finance, protection of assets and investments, counterparty and performance risk.
“In the current geopolitical environment, structured credit and political risks insurance is increasingly important and our specialist team has built a reputation for innovation and delivering tailor-made solutions in this class,” Gubbins commented on the latest hires.
Related stories:
AJG scores insurance deal with UK university powerhouse
AJG acquires Surrey brokerage firm
Arthur J Gallagher sells Compass
