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Teneo Appoints Barry Gale as a Senior Managing Director



Teneo, the global CEO advisory firm, today announced the appointment of Barry Gale as a Senior Managing Director in the firm’s Financial Advisory business. Based in London, Barry will focus on restructuring and transactions in the insurance sector.

Prior to joining Teneo, Barry was Global Head of Aon Reinsurance’s Legacy practice, a role he held since 2021, specialising in M&A and reinsurance deals in the insurance legacy/run-off sector. Before Aon, Barry was a Partner and Head of KPMG’s Insurance Restructuring practice, where he specialised in advisory, restructuring and insolvency work in the insurance sector for more than 20 years.

Barry has advised insurers, reinsurers, investors and run-off acquirers on complex transactions across major insurance markets, including the UK, Continental Europe, the U.S., Bermuda, Australia and Hong Kong. Over the course of his career, he has supported more than 50 legacy deals with liabilities totalling in excess of US$20 billion and has extensive experience in cross-border restructuring and insolvency matters.

“Barry is one of the most respected advisors in the global insurance legacy market, with an exceptional track record of advising on some of the sector’s most complex and significant transactions,” said Mike Morrison, Co-Chair, International Financial Centres at Teneo. “His deep expertise across legacy M&A, restructuring, insolvency and capital solutions further strengthens our ability to support insurers, reinsurers and investors as they navigate strategic, operational and regulatory challenges. Barry’s appointment reflects our continued investment in building market-leading capabilities in the insurance sector.”

“Barry’s appointment is another important step in the continued growth of our Financial Advisory business,” said Dan Butters, CEO of Financial Advisory at Teneo. “As interest from private equity and specialist investors in the insurance sector continues to grow, Barry’s experience advising both carriers and investors on legacy transactions further strengthens our ability to support clients across the full transaction lifecycle.”

“I am delighted to be joining Teneo at such an exciting stage in the firm’s growth,” said Barry Gale. “The combination of Teneo’s global platform, multidisciplinary expertise and strong position with financial services creates a compelling proposition for clients. I look forward to working with colleagues across the firm to help insurers, reinsurers and investors navigate complex transactions and strategic challenges in an increasingly dynamic market.”

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