Broking giant Gallagher has announced the appointment of Sarah Lyons (pictured above) as the new CEO of its London-based Specialty division, subject to regulatory approval.
Lyons, who currently serves as CEO of Gallagher’s Australia and Asia business, will assume her new role on July 1, 2025, reporting to Michael Rea, CEO of Gallagher’s UK Broking operations.
She will also join the UK executive leadership team and oversee 1,100 employees in heading up the Specialty division.
Lyons joined Gallagher in 2014 through the acquisition of OAMPS and has since held several senior leadership positions within the firm’s Australian operations, including chief operating officer and CEO of Australia.
In 2023, her responsibilities were expanded to include oversight of Gallagher’s business in Asia as part of the company’s growth strategy in the Asia-Pacific region.
She will succeed Jonathan Turner, who is leaving the business after leading the Specialty division for five years. Turner joined Gallagher in 2015 as executive chairman of Pen Underwriting before moving into his current role.
Gallagher has been on a recent push to expand its specialty capabilities. Earlier this month, the broking giant also announced that its claims management specialist, Gallagher Bassett, has acquired W K Webster & Co Ltd, a firm specialising in marine and transit claims management.
W K Webster is headquartered in London, but it also operates through its offices in Singapore, the United States, and the Netherlands.
On the insurance-linked securities (ILS) side, the firm’s reinsurance broking arm, Gallagher Re, also revamped Gallagher Securities’ leadership team with the appointment of Jason Bolding as CEO and naming Bill Dubinsky as chairman.
The specialty expansion also follows a steady net rise for the company, with Gallagher reporting continued revenue growth across its brokerage and risk management segments for the fourth quarter and full-year 2024.
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