11 Sep

Capsicum Re, the specialist reinsurance broker, has sponsored ‘Dolly’, one of 15 retro Citroen 2CV’s participating in the Monte Carlo Rendezvous Run and is aiming to raise £250,000 for Great Ormond Street Hospital (GOSH)’s Tick Tock Club charity. Together with its joint venture partner Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co. (NYSE: AJG) they have cornerstoned the appeal with a joint £50,000 donation and are well on their way to reaching their £250,000 target.

The money will go to GOSH’s £10million appeal to fund a new Surgery Centre, due to open in 2017. 37% of all the children who are admitted to GOSH undergo surgery and the charity anticipates growth of 5% a year in surgery cases over the coming years. The new centre 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, are driving the retro Citroen on its 1,000 mile journey from Lloyd’s to the Monte Carlo Reinsurance conference.

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.”

You can follow Capsicum Re’s progress on Twitter, @CapsicumRe