Gallagher Re is part of global insurance brokerage, risk management and consulting services firm Arthur J. Gallagher & Co., headquartered in the US and with operations in 57 countries and a network of correspondent brokers and consultants spanning over 150 countries across the world. Gallagher Re was formed in early 2021 following the acquisition of substantially all of the treaty reinsurance brokerage operations from Willis Towers Watson PLC.
Steve Rance, Managing Partner at Gallagher Re will be the appointed IMLA representative, and is well-known to existing members following his previous presentations on the UK progress under the Deposit Unlock housing scheme.
Gallagher Re’s new membership brings the full total of full and associate members of IMLA to 60, representing 90% of the UK’s largest mortgage lenders (measured by gross lending).
Kate Davies, Executive Director of IMLA, commented:
“We are delighted to welcome Gallagher Re to the team as Associate Members. We were very pleased to give them an opportunity to present to members on their innovative Deposit Unlock scheme last year – and we look forward to continuing to work with them. It’s always good to find fresh new ways to help our members expand the breadth and depth of their expertise, and that we can bring to our efforts in representing mortgage intermediaries and lenders across the UK.”
For further information please contact:
Tom Stewart-Walvin, Rostrum
Tel: +44 (0)7855 689 302
Email: t.stewart-walvin@rostrum.agency
Dan Edwards, Rostrum
Tel: +44 (0)7492 062 571
Email: d.edwards@rostrum.agency
Notes to Editors
About IMLA
The Intermediary Mortgage Lenders Association (IMLA) is the trade association that represents mortgage lenders who lend to UK consumers and businesses via the broker channel. Its membership of 46 banks, building societies and specialist lenders include 18 of the 20 largest UK mortgage lenders (measured by gross lending) and account for about 90% of mortgage lending (91.6% of balances and 92.8% of gross lending).