Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed, Guy Carpenter says.
With immediate effect Re Solutions has become Guy Carpenter Israel with Asaf Grinstein, formerly CEO of Re Solutions, as CEO.
Founded in 2010, Re Solutions combines industry experience with a strong reputation for developing innovative, client-focused solutions, including an extensive facultative reinsurance offering.
Guy Carpenter Israel is now Israel’s leading reinsurance broker, offering a comprehensive range of capabilities, solutions, and advice. The newly combined business provides a platform for Guy Carpenter to deliver its full complement of reinsurance services to clients in Israel.
The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses including Marsh, Mercer and Oliver Wyman.