Reinsurance broker Gallagher Re has named Jonathan Allard (pictured) as managing director and head of its newly created global credit and political risk team, based in London. He joins from Renaissance Re where he was vice president of underwriting.

Tony Melia, CEO of international at Gallagher Re, said: “The creation of a new global leadership role in such a specialised line of business is testament to our continued focus on harnessing the power of Gallagher Re for the benefit of clients, wherever they are in the world. Jonathan’s breadth of experience combining both broker and reinsurer perspectives equips him brilliantly to lead our global product proposition in this area of ever-changing risk.”

Allard added: “Recent geopolitical events and macro-economic conditions have driven demand and need for dynamic reinsurance solutions from both the public and private sectors. This is an exciting opportunity to join a global reinsurance broker whose focus is firmly on delivering exceptional client value and growing a sustainable market, and I’m looking forward to working with my many colleagues around the world to deliver just that.”

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