Jia Lou joins as CEO of Mainland China & Hong Kong with effect from 1 June 2023 with Alex Xia appointed as Head of Gallagher Re in Beijing
Gallagher Re, the global reinsurance broker, can today announce the appointment of Jia Lou as CEO of Mainland China & Hong Kong, with effect from 1 June, and the further appointment of Alex Xia as Head of Gallagher Re in Beijing.
Well known and highly regarded in the Mainland and Hong Kong Market, Jia brings more than 15 years’ experience, strong client relationships and a proven track record of growing, leading and developing reinsurance broking teams and businesses. He will be responsible for Gallagher Re’s strategic planning and execution within the Mainland China and Hong Kong markets, and report to Mark Morley, Head of Asia Pacific for Gallagher Re.
Most recently Jia was Managing Director, Head of the South China region and Agriculture, at Guy Carpenter based in Hong Kong, having begun his career in the London. He moved back to the region in 2010 to lead the newly established China Agriculture reinsurance treaty practice.
As Head of Gallagher Re in Beijing, Alex Xia will lead the local team to develop, diversify and further strengthen the client offering and service proposition in the northern China region, and report to Jia Lou. Alex began his career at PICC P&C, where he spent 19 years in various direct insurance and reinsurance positions. Most recently he was Deputy Head of Client Management, North China, for Munich Re, a position he held since 2016.
Commenting on the appointments, Mark Morley said: “We have an ambitious strategy for sustainable growth in the China Market, both on the Mainland and in Hong Kong, and are firmly focused on enhancing our client proposition of advocacy, advisory and risk transfer solutions. That strategy demands continued investment in people, just as much as it does service offering, and we are therefore pleased to welcome Jia and Alex to the team to drive our businesses in the region for the benefit of clients and colleagues.
“Their leadership credentials, market knowledge and experience speak for themselves and we are delighted they have chosen to join Gallagher Re and lead our growing teams across Beijing, Shanghai, Shenzhen and Hong Kong.”
Jia Lou added: “Gallagher Re’s ambition and significant potential for expansion in Mainland China and Hong Kong creates an exciting opportunity for a business leader – one that I am delighted to accept. With such strong prospects for growth, I’m looking forward to bringing to bear the full power of Gallagher Re’s global capabilities and connectivity for the benefits of our clients, and building out our teams across the region.”