Global specialist reinsurance broker Capsicum Re has announced that Grahame Chilton is set to rejoin the company later this year after leaving his positions at Arthur J. Gallagher & Co. (Gallagher).
Gallagher announced earlier this week that Chilton was leaving his role as head of its UK-based brokerage and underwriting unit, and it’s now been revealed that he will be returning to Capsicum Re.
His new role will see him work alongside the broker’s Chief Executive Officer (CEO) Rupert Swallow, to drive international business development and help shape the company as it embarks on its next growth phase.
Swallow, commented: “Capsicum Re has built a robust business, that has grown exponentially and we are on our way to becoming a top five global reinsurance broker. The whole Capsicum Re team is looking forward to welcoming Chily back and benefiting from his expertise and experience as both a sales leader and the relationship manager of our joint venture with Gallagher.”
Chilton added: “Rupert and the whole Capsicum Re team have done a stellar job taking the business forward to become one of the market’s leading reinsurance brokers in just five years.
“I have had a fantastic and truly rewarding time in my current role with Gallagher and look forward to re-joining Capsicum Re later this year and working with the team there to maximise the business’ further growth potential, which is significant.”