Insurance moves: Markel and Gallagher

They include a new risk chief and a new unit director

Insurance moves: Markel and Gallagher

Insurance News

By Josh Recamara

Markel Insurance and Gallagher have both announced senior appointments aimed at strengthening risk discipline and deepening transactional risk expertise as market conditions evolve. 

Markel promotes Wildey to CRO role

Markel Insurance, the insurance operations of Markel Group, has promoted Colin Wildey to chief risk officer for Markel Internationa, subject to regulatory approval. He has served as head of risk for Markel International since 2022.

In his new role, Wildey will focus on further embedding risk in decision-making across the international business. 

Before joining the company, Wildey was UK chief risk officer and group head of risk and capital at Fidelis Insurance, where he was responsible for the group risk framework across multiple entities.

Commenting on his new role, Wildey said the core of the job is enabling disciplined risk taking.

“Effective risk management is about helping the business take considered risks with confidence," he said. "I’m incredibly pleased about the progress we’ve made in embedding risk thinking more broadly across Markel International in recent years, and I’m looking forward to continuing to support leaders and underwriters as we navigate an increasingly complex risk environment.”

Gallagher hires tax and M&A specialist into PE and transactional risk team

Gallagher has named Adriana Carvalho Assuncao as a director in its private equity and M&A practice, adding further depth to its tax and transactional risk capabilities in Europe.

Adriana joins the UK‑based team from KPMG, where she spent more than a decade advising multinational groups on cross‑border tax matters. She has been part of KPMG’s US international tax practice in London for over six years, most recently as a manager specialising in M&A transactions, corporate reorganisations and international tax structuring for European multinationals and US‑based corporates. 

Steve Jones, the company's CEO of private equity and transactional risks in the UK, said that Assuncao's expertise will help build out the company's specialist teams aimed at supporting private capital clients and corporate transactions. 

"Private capital is a huge driver of transformative growth around the world, involving complex transactions that demand the best multi-disciplinary minds and advisory services to maximise deal-value creation. International tax expertise and specialist counsel is a vital part of that client service and Adriana’s expertise will be a fantastic asset to our UK-based but internationally focused team," he said.

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