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Gallagher & Artex launch alternative risk management services in Abu Dhabi
28th October 2024
Gallagher has further expanded its services with the launch of alternative risk management solutions in the Abu Dhabi Global Market (ADGM) through its wholly-owned subsidiary, Artex. This expanded suite of solutions available to clients leverages the expertise of ACE Gallagher's risk professionals, further strengthening their support for businesses across the Middle ... Read the full article
Arthur J. Gallagher’s Artex acquires Ohio-based Risk International
3rd October 2024
Insurance and reinsurance broker Arthur J. Gallagher & Co. has announced that Artex, its alternative risk and capital solutions subsidiary, has acquired RIBV Holdings, LLC, which operates as Risk International. Based in Ohio, Risk International specialises in outsourced risk management and employee benefits advisory services for private equity and corporate clients ... Read the full article
Artex completes integration of Bee Insurance Management team
22nd July 2024
Artex, Gallagher's wholly-owned subsidiary for alternative risk and capital, has announced that the team from Malta-based Bee Insurance Management Ltd. has joined Artex EMEA. Bee Insurance has provided clients with a variety of services, including underwriting, claims, accounting, risk management, regulatory compliance, and investment reporting. Simon Camilleri, formerly the managing director of ... Read the full article
Organisations to benefit from Artex newly launched Vermont Protected Cell Company
15th July 2024
Artex, Gallagher's wholly-owned subsidiary for alternative risk and capital, has launched its first Vermont Protected Cell Company (PCC), to provide organisations of all sizes and industries with an alternative platform to support their risk transfer needs. Artex Axcell PCC (Vermont), Inc. was formed in April 2024 to provide companies the ability ... Read the full article
Gallagher’s Artex acquires ICSR
25th June 2024
Artex Risk Solutions, the captive service provider and alternative risk transfer solutions subsidiary of insurance and reinsurance broker, Arthur J. Gallagher & Co., has acquired Implement Compliance Solutions & Resources Limited (ICSR). ICSR, based in London, specialises in providing consulting and support services related to compliance, governance, risk, and operations primarily ... Read the full article
Global reinsurers’ ROE to remain meaningfully above cost of capital: Artex
18th June 2024
Given recent rate increases and reinvestment rates, it is likely that global reinsurers’ underlying return on equity (ROE) will continue to trend upwards and remain meaningfully above the cost of capital, according to a recent Artex report. Artex's report noted that global reinsurers saw a significant improvement in underwriting profitability and ... Read the full article
Artex rebrands its cell facility solutions globally
20th November 2023
Artex, a global cell facility manager and captive, alternative risk transfer, and ILS capital solutions specialist service provider, has announced it is renaming its cell facility solutions globally to Artex Axcell over the next several months. This rebrand, according to the announcement, aims to bring more efficiency and higher levels of ... Read the full article
Artex announces two leadership promotions
5th January 2023
Artex, a captive, alternative risk transfer, and ILS capital solutions specialist service provider, has promoted Nick Heys to Artex International Chairman. Heys joined Artex in 2014 with the acquisition of Heritage Insurance Management. He brings 40 years of industry experience towards his new role. Over the course of his career, Heys has ... Read the full article
Artex hires Adrian Lynch as EVP, North America
18th November 2020
Artex Risk Solutions has announced that Adrian Lynch will be joining the company as Executive Vice President, North America, in March 2021. In this newly expanded role, he will be responsible for the oversight and growth of the company's captive management offices across the US, Bermuda and the Cayman Islands. Lynch is ... Read the full article
Artex Bermuda adds Wood as Director, Captive & Commercial
5th August 2020
Artex Risk Solutions, the Gallagher-owned provider of re/insurance and alternative risk management solutions, has added William Wood as Director, Captive and Commercial for its Bermudian operations. In this newly created role, Wood joins the office’s senior management team and is responsible for leading the Bermuda captive and commercial re/insurance management operations. This includes ... Read the full article
Thompsett becomes COO at Artex, Marshall named CFO
18th July 2019
Artex Risk Solutions, a provider of insurance, reinsurance, and alternative risk management solutions, has announced the appointments of Stephen Thompsett as Chief Operating Officer (COO) and Brandon Marshall as Chief Financial Officer (CFO). Thompsett joined Artex in 2018 as Chief Information Officer, and has 20 years of technology and operations experience ... Read the full article
Artex’s Malta PCC offers UK brokers no-deal Brexit alternative
10th December 2018
As the UK’s exit from the European Union continues to stir uncertainty throughout the financial sector, Artex Risk Solutions hopes to provide small-to-medium sized brokers with a relatively low-cost and convenient way of continuing operations on the continent with the formation of a Malta-based Protected Cell Company (PCC). Theresa May’s draft ... Read the full article
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