Gallagher has bought Singapore broker ITI Solutions.

The acquisition will have the trading name Gallagher Singapore, and will be led by Freddie Lim, previously chief executive of ITI.

The full terms of the acquisition have not been disclosed.

Gallagher Singapore will work in the marine cargo, political risk and trade credit insurance sectors. It also has a separate Asian reinsurance licence.

Gallagher (UK) chairman of international development John Hastings-Bass said: “Singapore is a vital hub of activity for us and we are tremendously pleased to have an office which will allow us to be closer to our Asian clients.”

Lim said: "The team at ITI is very excited to have joined the Gallagher family of companies at this crucial time in the firm’s development."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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