Gallagher Re lands ex-Munich Re executive for European expansion

Global reinsurance broker  Gallagher Re has tapped a former Munich Re executive as it looks to expand its insurance-linked securities (ILS) and broader capital markets capability across the Europe, the Middle East and Africa (EMEA) region.

The company has made a strategic hire of Alexandre Delacroix (pictured) for the role of executive director within its EMEA West & South team.

Based in Paris, Delacroix will focus on a range of capital market activities, including ILS and collateralised reinsurance, and be part of Gallagher Re’s specialist ILS and capital markets unit, Gallagher Securities.

Delacroix brings capital markets and reinsurance experience across both the property & casualty and life sectors, and in both traditional and non-traditional solutions. He joins Gallagher Re from Natixis Corporate & Investment Banking where he served as a director within the bank, insurance and fund solutions team, developing solutions for the re/insurance and ILS industry. Prior to joining Natixis, he worked for NewRe, part of the Munich Re group, as a financial solutions structurer and a casualty underwriter.

Alkis Tsimaratos, head of EMEA West & South, said: “We are thrilled to welcome Alexandre to our EMEA team, where he will play a key role in continuing to expand our ILS and broader capital markets capability in the region. Alexandre’s enthusiasm to serve our clients with innovative and tailored capital markets solutions is extremely valuable in our never-ending search to identify the most appropriate sources of capacity and the optimal solutions for clients.”

Delacroix added: “I am excited to join Gallagher Re and its specialist ILS and capital markets global practice Gallagher Securities. I look forward to combining my expertise with Gallagher Re’s deep client understanding and analytics platform to develop and deliver tailored capital market solutions and superior results for clients.”

William Dubinsky, CEO of Gallagher Securities, commented: “We are extremely glad to have Alexandre joining our team to help us expand our footprint in Europe and more globally too.”

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