Gallagher beefs up natural resources expertise with Lockton/Aon hire

Global re/insurance broker  Gallagher has bolstered its natural resources expertise in the Middle East with a senior hire from rival Lockton.

Corey Tidey joins Gallagher as head of natural resources for the Middle East and Africa (MEA), responsible for leading Gallagher’s natural resources practice in MEA. He will report to senior executive officer of the region, Nadim Semaan.

Tidey comes from Lockton Australia, having previously held roles with the Victorian Managed Insurance Authority (VMIA), Aon and Intech in both Asia and Europe.

Tidey has worked on major insurance and risk management programmes in the energy, power and construction sectors. His previous clients include oil and gas companies, large developers, contractors and financiers across a wide variety of energy and power projects. He brings experience in risk financing and management, strategic risk and contractual advice, and (re)insurance programme strategy, design and placement.

Gallagher’s existing global energy practice comprises over 120 risk professionals and handles upstream, downstream, power and renewable energy risks for clients across the world.

Semaan said: “We launched in the Middle East early in 2022 and have already established a sizeable client base in natural resources. This appointment of Corey strengthens our existing expertise in this sector and will enable us to support more clients with their insurance and risk management needs. Corey has a distinctive skillset and his track record for developing and delivering complex risk transfer programmes for clients sets him apart and we are delighted to have him joining Gallagher.”

Tidey commented: “I am thrilled to be joining Gallagher to lead and build on the growth of its natural resources business in MEA. The sector is facing a fast evolving risk landscape and Gallagher has put a highly experienced team in place to help clients navigate these changes and ensure they have access to the best risk management and insurance advice.

“The Dubai International Financial Centre (DIFC) is fast becoming a leading place for energy businesses globally and the prospect of working with an established and dynamic company that demonstrates long-term commitment to its clients, markets and partners in this region is a compelling proposition.”

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