Gallagher appoints specialty and underwriting CEOs

Gallagher has appointed Jonathan Turner as chief executive officer of its UK-based specialty business, as current chief executive John Thompson will take up a new role as head of business development for the division.

Jonathan Turner currently serves as the chief executive officer of Pen Underwriting. He will be replaced in this role by Pen’s chief underwriting officer, Tom Downey.

Chief executive officer of Gallagher’s broking and underwriting business in the UK, Simon Matson said: “Having a dedicated head of business development, particularly one with Thompson’s broking experience, wholesale expertise and passion for growth, will ensure we take full advantage of the many opportunities our enlarged presence and portfolio gives us.

“Tuner is an exceptional leader, as he has demonstrated during his three years as chief executive officer of Pen, making him the natural choice to become the new chief executive officer of our specialty division and to lead the 950-strong team through the next phase of our growth strategy.”

Speaking about the change in leadership within Pen Underwriting, he added: “Five years ago we brought together 12 specialist MGAs to create a virtual insurer in Pen Underwriting. As chief underwriting officer, Tom has been at the centre of that transformation and is well deserving of this promotion to the top job as chief executive for Pen Underwriting.”

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