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Gill and Roeser, Inc. was formed in 1983 by Ardian Gill, FSA, and Kirk Roeser, FSA, as a New York-licensed reinsurance intermediary to specialize in emerging technologies in the property and casualty, life and health reinsurance business.

Ardian Gill, formerly chief actuary and CFO of MONY, one of the oldest and largest life insurers in the country, managed the consulting practice of Tillinghast, Nelson and Warren's New York operations, where he gained national recognition as a specialist in mergers and acquisitions, taxes and complex reinsurance arrangements.

Kirk Roeser, formerly vice president for casualty treaty underwriting at MONY Reinsurance Company, had been senior manager for the American operations of Swiss Reinsurance, the world's second largest reinsurer, where he was responsible for the profitability of their largest division. On his initiative and under his guidance, Swiss Re entered the financial reinsurance business, which grew to become one of its major global product lines.

The decision to form Gill and Roeser was based on the observation, reached independently, that while large scale reinsurance transactions had become dramatically more important in the financial planning of both property and casualty and life and health companies, there were scarce resources available "on the street" to advise, structure, place and administer such agreements. With expertise in both industries, Gill and Roeser was more or less alone in this niche market and its advice was frequently sought not only by insurance companies, but by other, more conventional reinsurance brokers and advisors as well.

In its first five years of operation, Gill and Roeser achieved the $4 billion benchmark in asset-liability transfers on behalf of clients. By the mid-90s, it had passed the $10 billion mark.

Gill and Roeser's history has been one of being at the right place at the right time. This is not happenstance, but the product of successful strategic planning. As tax laws, regulatory and accounting rules, and insurance and financial markets have changed over the years, so has Gill and Roeser.

With the passage of the Financial Modernization Bill in the 90's, Gill and Roeser established a Banks-in-Insurance Consulting Group to advise regional and community banks and a Specialty Program Business Consulting Group to support MGAs/MGUs that underwrite specialty niche and alternative market program business on a regional and national basis.

Gill and Roeser has modified its product line over the years, systematically broadened its range of services to clients to include traditional risk-based reinsurance as well as mergers and acquisitions advice, capital raising, de-mutualizations, commutations, novations and investment management.

To better serve the capital strategy needs of clients, Gill and Roeser became a registered broker dealer in late 2004. As NASD requires that broker dealer activity be segregated into one company, Gill and Roeser Holdings, Inc. was established to provide clients capital strategies, mergers and acquisitions advice, banks-in-insurance and analytical and consulting services. Reinsurance brokerage services, program business, alternative markets and risk pooling services will continue to be provided by Gill and Roeser, Inc.

Widely recognized for its reputation of creativity, thoroughness, objectivity and professionalism, Gill and Roeser is once again ahead of the times in offering its clients unique and highly effective solutions to the problems they face in an increasingly complex global and regulatory environment.

 
 


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