Insurance and reinsurance broker Gallagher has appointed Paul Bassett as CEO of Crisis Management and Simon Brookes as CEO of Financial Lines within its Specialty division, both reporting to Jonathan Turner, CEO of Gallagher Specialty.
Julian Wallers, who previously served as CEO of Financial Risks, overseeing both teams, has chosen to transition into a Chairman role for these specialisms. All changes will take effect on April 1st, 2025.
Bassett joined Gallagher in 2015 as Managing Director of Crisis Management, after holding senior positions at both Aon and JLT.
During his tenure, he has overseen significant growth in Gallagher’s crisis management offering, including the UK acquisition of risk management consultancy AnotherDay in 2022.
Brookes joined Gallagher through the acquisition of Heath Lambert in 2011, and is currently Managing Director of professional risks. In the new role, he will become CEO of Gallagher Specialty’s management liability, cyber, financial institutions, and professional risks teams.
Turner commented on the appointments, “Many specialty clients are looking for crisis management and financial lines solutions and both areas are fast expanding as firms grapple with the ever-evolving risks facing their business. I have worked with both Paul and Simon for a number of years, and they are both fantastic leaders, and will bring further expertise and knowledge to my executive team.
“I am looking forward to 2025 and beyond as we further extend our products and services on offer. I would also like to thank Julian for his hard work and efforts to build these teams to where they are today; we have an unrivalled level of skill and knowledge in our business, and the fact that we have been able to make these senior level appointments from within our existing team demonstrates the strong talent we have at Gallagher.”
The post Gallagher names Bassett and Brookes as CEOs within Specialty arm appeared first on ReinsuranceNe.ws.