Capsicum Re targets further growth following Gallagher takeover deal

Simon Matson

Gallagher's UK boss Simon Matson addressed last year's "unfortunate" Gallagher v Ardonagh court case for the first time as he discussed the broker's full acquisition of Capsicum Re alongside CEO Rupert Swallow.

Rupert Swallow, CEO of Capsicum Re, has stated that Gallagher’s deal to take full ownership of the business has fulfilled the objectives set by the company six years ago.

Gallagher revealed yesterday (13 January) that it had completed the deal, which was first announced in November last year.

Capsicum was founded by Grahame Chilton and Rupert Swallow in 2013, in partnership with Gallagher which previously owned 20% of the business.

“To have arrived here and delivered to Gallagher exactly what

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