Gallagher is to launch a new insurance brokerage in Japan. The new firm will specialise in providing insurance to both commercial clients and wholesale fac insurance. The business will be based in Tokyo and will form part of Gallagher’s North Asia operations under regional CEO, Thomas Wang, as well as complementing Gallagher’s existing reinsurance team in the same region. It will be led by Takuya Aibe and Tetsuro Nakazawa. Takuya Aibe will be responsible for leading the insurance and risk management offering to clients, while Nakazawa will be responsible for leading the wholesale and fac division. Aibe joins from Marsh, where he served as managing director, and CEO of the retail operations. Nakazawa also joins from Marsh, where worked as placement leader. Gallagher says: “the launch marks another major milestone in Gallagher’s plans to expand across Asia.” Commenting on Gallagher’s expansion plans in Asia, Wang says: “Gallagher’s proposition is all about delivering a great service to clients which I am passionate about, and having a team based directly in Japan will enable us to ensure that our regional and multinational clients will get the very best in local knowledge and technical insurance expertise.”
