Gallagher Re acquires London market binder broker Bay Risk
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Gallagher Re acquires London market binder broker Bay Risk

Ayesha Venkataraman
06 March 2023
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Gallagher Re has acquired the business and assets of Bay Risk for an undisclosed sum, in a bid to deepen its delegated authority specialism.

London-based Lloyd’s broker Bay Risk specialises in structuring and placing contracts of delegated underwriting authority and, with its eight-strong team, manages gross written premiums (GWP) of $210mn.

Bay

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News M&A Brokers AJ Gallagher
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