Global reinsurance broker Gallagher Re has announced the appointment of Andrew Rothseid to take on the role of responsible for its newly created partner, Legacy. Rothseid (pictured above) is based in the United States and reports to Matt Fitz Gerald, Gallagher Re’s professional managing partner.
Rothseid has over 25 years of experience in the insurance and reinsurance industry and works exclusively in the global legacy market. Recognized as a spill and advisory services expert, he has been at the forefront of US regulatory development for legacy businesses.
For the past 13 years, Rothseid has been the principal and owner of RunOffRe.Solve, a specialist provider of turnaround, restructuring and advisory services. In that role, he has worked on behalf of global insurers and reinsurers, corporate owners and captive insurers, regulators, clearers, and institutional investors. Rothseid is a commercial lawyer, corporate lawyer for non-life and reinsurance companies in the United States and Belmdian, managing director of insurers and reinsurance companies in the London market, and PwC, a global consulting firm responsible for reinsurance in the United States. I am also a partner. practice.
“Andrew’s choice to join Gallagher Re isn’t fortunate for us, where his extensive experience in global legacy business, run-off advisory, and resolution can be of great benefit to our clients. It will be, “says Fitzgerald. “His extensive expertise and pioneering work in this rapidly evolving field strives to create and deliver more flexible and innovative solutions to maximize client capital efficiency. As a result, it offers existing structured solution capabilities as a great complement. Gallagher Re does not keep its ambitious willingness to grow globally and will continue to build on the capabilities of its specialists, Andrew said. It’s a top-notch example of that investment. I’m happy to have him on the team. “
“In the COVID-19 and post-COVID-19 world, the global insurance industry will increase the use of reinsurance and look for experienced brokers with market-leading expertise,” said Rossside. “At this crucial time, Gallagher Re is in an ideal location to meet the needs of the industry. Joining Matt, the wider Gallagher Re team, and the wider Gallagher organization, legacy and other poorly performing businesses. We look forward to providing effective and comprehensive solutions to the field. “
Gallagher Re hires legacy market veterans for new roles