Gallagher names new market management director

It’s fair to say that Nick Price (pictured) has quite the insurance background.

Price, who was global broker relationship leader at Zurich, also includes time spent at AXA, AIG and RSA on his resume. Now, however, he is set for a new challenge as market management director for Gallagher.

In his new role, Price will support the brokerage giant’s retail division in managing insurer relationships. The division employs 2,800 people and places $2.5 billion in premium annually for more than one million customers.

“I am delighted to be making the move to Gallagher’s market management team and the broking side of the industry having worked for insurers for a number of years,” Price said. “In my role I will be supporting the team with advice and strategic input on how we can ensure that our clients have access to a wide range of insurance solutions and continuing to develop strong relationships with our insurer partners to enable us to do this.”

He will now report to global broking director Ron Hayes who noted Price has “excellent relationships across the industry.”

“He is a first-rate addition to our market management team and will enable us to further develop our UK and international insurer relationships,” he added.