Reinsurance News

Gallagher Re and ICMR announce exclusive partnership to enhance reinsurance services

2nd November 2023 - Author: Akankshita Mukhopadhyay -

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Gallagher Re, a prominent global reinsurance broker, and ICMR, a specialist in quantitative analysis, have officially announced the establishment of an exclusive partnership.

gallagher-re-logoThis partnership combines Gallagher Re’s extensive knowledge in reinsurance broking with ICMR’s innovative quantitative analysis solutions, aimed at equipping clients with state-of-the-art resources and insights to enhance their risk and capital management.

As per the terms of the agreement, Gallagher Re will be granted exclusive access as a broker to ICMR’s range of products and services, including their primary offering, ICMR.Matrix.

ICMR.Matrix is a robust tool designed to assist reinsurers and cedents in better understanding and optimising their risk portfolios. It offers valuable insights into market trends, competitor positions, relative performance, risk concentration, and capital adequacy.

Michel Büker, Chairman of Capital Solutions at Gallagher Re, expressed his enthusiasm for the partnership, stating, “We are delighted to partner with ICMR. ICMR’s quantitative analysis solutions are some of the most advanced in the market, and we believe that this partnership will provide our clients with insights unavailable elsewhere.”

“Together, we will be able to offer our clients a truly unique and comprehensive range of services to help them manage their risk and capital more effectively,” Büker added.

Markus Gesmann, co-founder of ICMR, also expressed excitement about the collaboration, saying, “We are thrilled to be partnering with Gallagher Re. Gallagher Re is a leading global reinsurance broker with a deep understanding of the needs of its clients.”

“We believe that our combined expertise will be invaluable to reinsurers and cedents alike, as they look to navigate the convergence between reinsurance and capital markets,” Quentin Moore, co-founder of ICMR, added.