Reinsurance News

Artex Capital acquires Bermuda-based Frontier Financial Services

13th September 2023 - Author: Kane Wells -

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Artex Capital Solutions, a division of Artex Risk Solutions, Gallagher’s wholly-owned subsidiary, has acquired Bermuda-based Frontier Financial Services Limited.

Frontier is a management firm that specialises in consulting, recruitment, business services and immigration services predominantly to reinsurance clients in Bermuda.

Kathleen Faries, CEO, Artex Capital Solutions, commented on the acquisition, “Artex and Frontier found a highly regarded partner in each other with shared values focused on culture, service, proficiency and performance centered on individual client goals.

“Frontiers’ reputation in recruitment and staffing consulting services means we will be better positioned than ever to offer a truly one-stop solution to our clients, including assisting startups and mature companies with their short and long-term staffing requirements and related services.”

Frontier Director and Co-Founder Peter Brodsky, CEO Derek Winch, and the rest of the Frontier employees will remain in their current location and will continue to operate business-as-usual.

However, their clients and employees will now have access to Artex’s “broader market-leading resources” from pre-incorporation concept development, structure design, incorporation, licensing, and through to ongoing company management and advisory.

Peter Brodsky said, “Developing talent across career spectrums is a key part of our clients’ growth strategy and we’ll continue to deliver the world-class consulting and recruitment services that Frontier is known for – especially as the demand for top talent continues.

”I am confident that our staff will greatly benefit from being a part of a larger network of clients and relationships that Artex will bring to this new partnership.”