Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. ( NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.ĭisclaimer: The TipRanks Smart Score performance is based on backtested results. We are delighted to welcome Andrew, Robin and their colleagues to our growing global team.”Īrthur J. “It shares our focus on client excellence and brings a complementary book of delegated underwriting authority business. Patrick Gallagher, Jr., Chairman, President and CEO. “Bay Risk is a highly regarded specialist binder broker that will be a fantastic addition to Gallagher Re and the expanding global programs practice,” said J.

The business will become part of the global programs practice of Gallagher Re and the team will continue to be led by Andrew Smallshaw and Robin Barker-Hahlo. It serves the needs of niche program managers, managing general agents (MGAs), Lloyd’s coverholders and carriers seeking alternative distribution channels across a variety of classes. Founded in 2016 as a London-based, independent Lloyd’s broker, Bay Risk specializes in structuring and placing contracts of delegated underwriting authority.

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