Gallagher Re has added Andrew Rothseid to the newly created role of Partner, Head of Legacy.
Rothseid will continue to be US-based and reports into Matt FitzGerald, Managing Partner of Specialty at Gallagher Re.
He brings over 25 years’ experience in the global insurance and reinsurance industries and spent the last decade as principal and owner of RunOff Re.Solve.
He has also served as general counsel of US and Bermudian property and casualty run-off insurers and reinsurers; managing director of a London market insurer and reinsurer; and partner with global consultancy PwC responsible for its US insurance restructuring practice.
“We couldn’t be happier that Andrew has chosen to join Gallagher Re, where his vast experience in global legacy business, run-off advisory and resolution will be of significant benefit to our clients,” said Matt FitzGerald, Managing Partner of Specialty at Gallagher Re, said:
“His breadth of expertise and pioneering activities in this fast-evolving field will serve as a fantastic complement to our existing structured solutions capabilities, as we strive to create and deliver ever more flexible and innovative solutions to maximise our clients’ capital efficiency.”
“Gallagher Re has made no secret of its ambitious appetite for global growth and plans to continue building out our specialist capabilities, and Andrew is a first-rate example of that investment. I’m delighted to welcome him to the team.”
Rothseid added, “The COVID-19 and post COVID-19 world will see the global insurance industry increase its use of reinsurance and seek out experienced brokers with market-leading expertise.
“At this pivotal time, Gallagher Re is ideally placed to serve industry needs. I am excited to be joining and look forward to working with Matt, the wider Gallagher Re team, and the broader Gallagher organisation to provide effective, comprehensive solutions for legacy and other non-performing lines of business.”
