Gallagher hires new space consultant

Gallagher announced the appointment of Tim Wright as a consultant to its global aerospace practice. In his new role, Wright will be responsible for providing expert risk management and insurance advice to the company’s international space clients, as well as supporting business development in the sector.

Wright has over 30 years of experience in space insurance, representing clients as a broker and underwriting space risks for all major operators, satellite manufacturers and launch vehicle suppliers. Most recently, he served as Head of Space Underwriting at Nexus Underwriting, which in 2018 acquired Altitude Risk Partners, a firm Wright co-founded in 2014. He began his career as a broker at Willis in the late 1980s before joining Johnson and Higgins. before its takeover by Marsh in 1997. He also held positions at Aon and Global Aerospace Underwriting Managers.

“I am delighted that Tim has joined our aerospace practice,” said Peter Elson, CEO of Gallagher’s aerospace practice. “He brings extensive experience, knowledge and expertise in the space sector that will enhance our team and our client offering. I look forward to working with Tim, whose appointment is an example of our continued commitment to providing technical expertise and excellent service to our customers.

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“The space industry is experiencing rapid growth and change with the advent of new industry players complementing the major operators with a host of new satellite constellations, new and in-development launch vehicles and software-defined satellites – which all require innovative and forward-thinking insurance solutions to protect their business operating in space,” said Wright. new clients and the delivery of world-class risk management and insurance advice.I look forward to supporting the team as they continue their growth trajectory.

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