The building was constructed by Skanska, completed in December 2003 and opened on 28 April 2004. The primary occupant of the building is Swiss Re, a global reinsurance company, which had the building commissioned as the head office for its UK operation. The tower is thus sometimes known as the Swiss Re Building, although this name has never been official and has more recently fallen out of favour, since the company's main headquarters is in Zurich and the Gherkin name has become more popular.