AJ Gallagher

Aviation, oil and gas and tourism were the biggest sectors of concern for structured credit and political risk insurers.

Gavin Tidman will become an executive partner for the energy practice and expand its presence in international markets. 

The aviation market has had a turbulent few years, but despite coronavirus-related loss of premium income in 2020, continuing rate increases into 2021 could keep it on track to profitability

The leadership shake-up comes after Gallagher completed its purchase of the company in January.

The AJG-owned MGA currently writes £600mn of business and is looking to expand into new niche lines.

Mark Ettershank was at Marsh for four years, and before that was a corporate lawyer for nine years.

The broker foresees price increases into 2022 and beyond.

Karen Ellis joins the broker’s specialty division.

Sophie Chambers will head up the team and Dan Fairweather will focus on aquaculture and livestock.

The broker has contended that changes were unnecessary because it already has diversity policies in place.

The broker recorded a 12 percent year-on-year rise in net earnings, beating analyst expectations of $1.73 per share.

Simon Collings takes on the role following Mark Armitage’s retirement at the end of March.