Gallagher has appointed David Cousins as chief risk and compliance officer for its Europe, Middle East, and Asia (EMEA) operations. Cousins, a 25-year industry veteran, has been with the brokerage since 2007.
Prior to this new role, Cousins held several senior-level compliance and risk roles in the firm and was most recently the chief compliance officer for the UK. He began his career at the Bank of England before moving to the now-defunct Financial Services Authority (FSA). In his tenure for the latter, he worked as a policy specialist working on regulation for insurance and mortgage intermediaries, prior to managing the team overseeing London market insurance broking.
In this new role, Cousins succeeds Carol Richmond, who is leaving the firm after eight years. Cousins will report to EMEA CEO Simon Matson.
“It is testament to the talent in our business that we have been able to promote from within our existing team for this pivotal role,” Matson said. “David’s wealth of knowledge from the industry, his experience as a regulator at the FSA and Bank of England, his corporate history and professional expertise make him the natural successor for this role. I am delighted that he will be joining my executive team and I look forward to continuing to work with him.”
Last month, Gallagher announced the opening of a new brokerage in Japan that specializes in providing insurance solutions to commercial clients as well as wholesale fac insurance to other brokers.
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