Gallagher has appointed Nepomuk Loesti (Nepo) as Chief Business Officer of its European broking operations to help its growth within the area.
Loesti joins Gallagher from AIG, the place he spent the final 17 years in a variety of roles in Zurich, London, New York, Frankfurt and Munich.
Most not too long ago, he was Head of Monetary Strains for Europe, Center East and Africa. Earlier than this, he was Head of Liabilities, Monetary Strains and Shopper Engagement for Germany, Switzerland and Austria.
Loesti started his profession in underwriting at Liberty Mutual Insurance coverage Europe in 2004.
Now, on this newly created position at Gallagher, the agency stated that Loesti will help its growth in Europe, outdoors of the UK.
Loesti will report back to Alex Nagler, CEO of Europe, who commented, “Nepo is a pure chief who brings ardour, experience and a commercially pushed thoughts and he will likely be essential in delivering our formidable progress plans.
“He has intensive information of the European insurance coverage market, and of the buying and selling setting for companies working domestically and internationally within the area and his appointment speaks on to our technique of using gifted individuals to help our present shoppers, and increase our providers to new shoppers. We’re very happy to have him on board.”
Loesti himself added, “I’m very happy to be becoming a member of Gallagher because it appears to increase its European presence. Having spent my whole profession on the insurer facet so far, the possibility to maneuver to a worldwide dealer like Gallagher with formidable plans was a possibility I couldn’t resist.
“The agency already has some incredible companies working in Europe, however there may be loads extra room for progress and I will likely be working carefully with Alex to ship each growth into new geographies, and in addition working with the broader in-country leaders to see what additional merchandise, providers and options we will supply to maximise the end result for Gallagher shoppers.”