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Pat Gallagher, who previously held the role of president since 1990, has “no plans to retire” and will remain as chairman and CEO.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Simon Burton has been CEO of the Cayman Islands-based total return (re)insurer since mid-2017.
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He succeeds Focus founder Rudy Adolf, who will begin transitioning responsibilities immediately and retire at the end of 2023.
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The departure of the president of North America retail was disclosed in an internal company memo.
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Current cyber brokerage leader for the US and Canada, Meredith Schnur, will succeed Reagan as cyber practice leader, US and Canada.
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The firm has also hired William Lemos and Mike Griggs from USI, appointing them as SVP of Alliant Americas, based in Boston and Nashville, respectively.
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Karna has previously served as global chief data officer at Axa XL, while Gauthier is the former chief investment officer of Allied World.
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The appointment is the latest senior hire from AIG for the MGA, which recently hired Jordan Lanford as aviation head.
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The hire comes more than a year after founder and former CEO John-Isaac Clark’s departure amid workforce reductions in July 2022.
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Drew Carnase joined Risk Strategies two years ago and will be based in Boston, focusing on scaling and optimizing the commercial lines operations.
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Lisa Hric will be tasked with leading Inshur's nationwide expansion and further bolstering the profitability of its portfolio.