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Monte Carlo, 14 September 2015

Gallagher backs Capsicum Re in Monte Carlo mission to raise £250,000 for Great Ormond Street

1000-mile drive in Citroen 2CV will boost £10m appeal for new surgery centre
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An intrepid driving team from Arthur J. Gallagher's joint venture partner Capsicum Re has successfully arrived in Monte Carlo - after a 1000-mile dash in a retro Citroen 2CV, undertaken to raise £250,000 for Great Ormond Street Hospital.

Capsicum Re, the specialist reinsurance broker, has sponsored ‘Dolly’, one of 15 Citroen 2CVs participating in the Monte Carlo Rendezvous Run in a bid to boost the £10 million new surgery centre appeal of GOSH's Tick Tock Club charity, of which Arthur J. Gallagher International CEO Grahame Chilton is chairman.

Together, Gallagher and Capsicum have cornerstoned the appeal with a joint £50,000 donation and have arrived safe and sound in Monte Carlo after setting off from London just before the weekend.

With 37% of all children admitted to GOSH undergoing surgery - and the charity anticipating annual growth of 5% in surgery cases -  the money will help fund the new centre, due to open in 2017. This will enable GOSH to continue breaking down the barriers of what is possible in paediatric surgery and to carry out more procedures.

Neville Ching, Managing Partner at Capsicum Re, and Richard Borgonon, Non-Executive Chairman of Capsicum Re Bermuda, successfully drove the retro Citroen on its 1,000 mile journey from Lloyd’s to the Monte Carlo Reinsurance conference, arriving at lunchtime today.

As the team departed from London, Rupert Swallow, CEO of Capsicum Re said: “We are incredibly close to reaching our target of £250,000 which is fantastic news and testament to the generosity and altruistic nature of the industry we work in. Great Ormond Street is an inspirational charity that is close to the hearts of many in Capsicum Re and Arthur J. Gallagher and this money is going towards a much-needed surgery centre that will enable GOSH to continue to provide world-leading paediatric surgery.

“I would like to thank everyone that has donated so far and also thank Nev and Richard for volunteering to drive ‘Dolly’. The Rendezvous Run is a great event and there will be a huge cheer when they arrive in Monte Carlo.”

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