Gallagher Re appoints Aon’s Pablo Muñoz as Global Fac CEO

Global reinsurance broker Gallagher Re has announced the appointment of Pablo Muñoz as Chief Executive Officer (CEO) of Global Facultative Reinsurance, effective July 2, 2025.

Based between London and Miami, Muñoz will leverage his over 25 years of industry experience to lead Gallagher Re’s global facultative solutions team, delivering comprehensive services for insurers, MGAs, captives, and wholesale intermediaries.

This newly created role sees Muñoz join the firm’s Reinsurance Global Executive Committee. He will work closely with Gallagher Re’s leadership team to enhance the firm’s facultative capabilities and broaden its client reach.

The executive joins Gallagher Re from rival broker Aon, where he spent 17 years, most recently serving as Global Deputy CEO of Facultative and Chair of its Latin America Reinsurance business. He has also held senior roles at Willis, Willis Re, and Benfield.

Tom Wakefield, Global CEO of Gallagher Re, commented: “Pablo has a proven track record of building global facultative expertise and expanding market presence. We’re delighted to welcome him to Gallagher Re.”

Muñoz added: “The facultative reinsurance market is experiencing strong demand as insurers respond to global uncertainty and increasing complexity—driving the need for more customized, responsive, and globally integrated solutions. Gallagher Re is exceptionally well positioned to support clients worldwide, and I’m excited to work with this talented team to evolve our global proposition.”

Additionally, as part of its commitment to building a Global Facultative proposition, Gallagher Re is taking 100% control of the Japan P&C cedent facultative portfolio, following an agreement with its Japan facultative joint venture partner.

This strategic move strengthens Gallagher Re’s global facultative capabilities and is particularly significant given Japan’s position as a key cedant facultative market.

As part of this agreement, Gallagher Re has welcomed new colleagues into London and Singapore since July 1, with further additions planned to join through to the end of 2025.

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