Anderson Benson: Gallagher Re acquires London market binder broker, Bay Risk

Reinsurance broker Gallagher Re, has announced that it has acquired the business and assets of Bay Risk Services Limited, a member of the Optio Group, for an undisclosed sum. Established in 2016 as a London-based, independent Lloyd's broker, Bay Risk specialises in structuring and placing contracts of delegated underwriting authority and, with its eight-strong team, [...]The post Gallagher Re acquires London market binder broker, Bay Risk appeared first on ReinsuranceNe.ws.