Reinsurance News

Artex completes transition of ILS specialist Horseshoe

17th May 2022 - Author: Luke Gallin

Artex, re/insurance broker Gallagher’s alternative risk solutions company, has now completed the rebranding of Horseshoe Insurance Services Holdings Ltd. following its acquisition of the company in late 2019.

kathleen-faries-artex-ils-capital-solutionsAnnounced in October 2019, Artex’s agreement to acquire Horseshoe, a Bermuda-based provider of insurance management fund administration, advisory and corporate services to the insurance-linked securities (ILS) market, completed in November of the same year.

More the two years later, the alternative risk solutions firm has announced the transition of Horseshoe to Artex, which brings the ILS specialist and fund administrator under the Artex brand, a lot of which will now sit under Artex Capital Solutions.

Kathleen Faries, previously Chief Executive Officer (CEO) of Horseshoe and now CEO of Capital Solutions at Artex, commented: “Horseshoe has always been more than just an ILS specialist firm and the Artex name represents our wide range of client services.

“Artex and Horseshoe have always been recognized as collaborative, market-leading and entrepreneurial. Together, under the name Artex, we’re positioned better than ever to blend expertise with creativity, data with strategy and efficiency with execution to deliver best-in-class account management, communication, coordination and governance to our global clients.”

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With the transition now finalised, Artex says that it will continue to offer its leading knowledge at all stages in the process, from pre-incorporation concept development and structure design to regulatory application, incorporation and through to ongoing management and evolution.

Some of the key services offered by the company include fund administration across ILS, private equity and hedge funds, insurance management, commercial outsourcing, corporate service, and other advisory and professional services.

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