Jonathan Turner is due to take over as CEO of Gallagher’s UK speciality business, replacing John Thompson who will take on the newly created role of head of business development for the division. As part of the internal leadership changes, Tom Downey will take over Turner’s role as CEO for Pen Underwriting, having been chief underwriting officer for the division since 2017.

The new role within Gallagher’s UK Specialty division, which now has over 950 staff, follows the acquisition of the 250-strong JLT Global Aerospace team last year, and will focus on talent acquisition, M&A pipeline opportunities, product development and relationships with carriers and wholesale and third-party partners.

Simon Matson, CEO of Gallagher’s broking and underwriting business in the UK, said: “Our Specialty division has undergone considerable growth in the past 12 months and is now almost unrecognisable having doubled in size over the last five years and firmly establishing itself as a leading London Specialty broker. Having a dedicated head of business development, particularly one with John’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."

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