October 2025
Global broker and risk manager Gallagher has launched Galaxy, a smart follow cross-class tracker facility designed for the Latin American market. Building on the success of Evolve; Gallagher’s innovative smart follow facility introduced earlier this year, Galaxy provides a streamlined, technology-driven approach to facultative reinsurance placement across multiple classes.
Developed to connect facultative reinsurance capacity from the London Market with clients in Latin America, Galaxy supports placements in property, terrorism, energy, construction, and utilities. The facility is backed by Canopius and Munich Re, among others, and is now live in Brazil, Colombia, Chile, Peru, Ecuador, Paraguay, and Bolivia.
Powered by InsurX’s smart follow technology, Galaxy enables Gallagher brokers to place follow-form capacity with unparalleled speed, transparency, and precision. The system allows underwriters to view and understand every risk traded in real time, giving them the confidence to support brokers and clients with data-backed decision-making and instant quote capabilities.
Gallagher Executive Director Emily Stanford, said:
“The Evolve facility on which Galaxy is based has proved highly successful since its launch for our global client base here in London, and we are thrilled to bring the concept to clients further afield.
Galaxy gives our LatAm brokers and clients access to London market Lloyd’s capacity via a streamlined and efficient process and unlocks seamless follow-form capacity for our clients as long as the risks meet a simple set of acceptance criteria.”
Gilbert Harrap, CEO of InsurX, commented:
“We’re delighted to see Gallagher extending smart follow technology into new markets with the launch of Galaxy. This is proven, established technology that delivers faster responses, smarter capacity matching, and better outcomes for clients worldwide. that continues to create huge efficiencies for brokers, underwriters, and clients alike.
Their expansion into Latin America demonstrates the scalability of smart follow and its ability to enhance cross-border collaboration, streamline underwriting, and create real, measurable value across the insurance chain.”
