Gallagher appoints new CEOs for key divisions

Specialty CEO highlights significant changes in the sector

Gallagher appoints new CEOs for key divisions

Professional Risks

By Jonalyn Cueto

Gallagher has announced two senior appointments within its specialty division. Paul Bassett (pictured left) will assume the role of CEO for crisis management, while Simon Brookes (pictured right) will take on the position of CEO for financial lines.

Bassett, who joined Gallagher in 2015 as managing director of crisis management, brings a wealth of experience in the industry, having previously held senior roles at Aon and JLT. A news release highlighted that, under Bassett’s leadership, Gallagher’s crisis management services have experienced significant growth, including the 2022 acquisition of the UK-based risk management consultancy, AnotherDay. Gallagher’s crisis management team provides expertise in areas such as political violence, political risk, terrorism, kidnap and ransom, and product recall, supported by specialised consulting services.

Brookes has been with Gallagher since the company’s 2011 acquisition of Heath Lambert. Currently serving as managing director of professional risks, he will now oversee the management liability, cyber, financial institutions, and professional risks teams as CEO of financial lines.

The appointments come as Wallers transitions into a chairman role for these specialisms, effective on April 1, 2025. Both Wallers and Brookes will report to Jonathan Turner, CEO of Gallagher Specialty.

“Many specialty clients are looking for crisis management and financial lines solutions, and both areas are expanding as firms grapple with the ever-evolving risks facing their business,” said Turner. “I have worked with both Paul and Simon for a number of years, and they are both fantastic leaders, and will bring further expertise and knowledge to my executive team. I am looking forward to 2025 and beyond as we further extend our products and services on offer.”

Turner also acknowledged Wallers’ contributions, emphasising his role in assembling Gallagher’s “unrivalled level of skill and knowledge in our business.”

Do you have something to say about this story? Share your thoughts in the comments below.

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!