2 May 2017Insurance

Arthur J Gallagher hires FCA exec as non-executive director in UK

Insurance brokerage and risk management firm Arthur J Gallagher Holdings UK has appointed Simon Green as an independent non-executive director of its board with effect from June 1, 2017.

Green will also sit as an independent non-executive director on both its risk and audit committees for the UK business.

In addition to his position on the UK holdings board, Green will become an independent non-executive director of Gallagher’s UK retail regulated entity Arthur J Gallagher Insurance Brokers, and its regulated underwriting entity Pen Underwriting.

Green most recently held the position of director of general insurance and protection at the Financial Conduct Authority, responsible for the supervision of all the UK’s general insurance providers and intermediaries, both wholesale and retail, including the Society of Lloyd’s and London market firms.

Simon joined the Financial Services Authority in 2000, latterly serving as head of non-life and international composites before taking up his general insurance director role at the newly formed FCA in April 2013.

"We're absolutely delighted that Simon has chosen to join the Gallagher team," Sue Langley, non-executive chairman of Arthur J Gallagher in the UK, commented. "Throughout his tenure as head of general insurance at the FCA, Simon’s straightforward and approachable manner, his understanding of the intricacies of our market, and his willingness to answer the difficult questions earned him respect and admiration from industry leaders."

Grahame Chilton, CEO of Arthur J Gallagher International, added: "Simon’s appointment is great news for everyone here at Gallagher. His unique breadth of experience and market insight will provide a fantastic complement to the skills, talents and expertise of our already strong group of non-executive directors. With Gallagher’s momentum and ambition for strategic growth, his counsel will be a valued addition as we look to further enhance our customers’ experience and optimise performance."

Simon said: "Having spent a large part of my career looking at the insurance industry from a customer and regulatory perspective, it’s great to be able to now use that experience and insight to support a firm like Gallagher, on the ground. I very much look forward to working with the executive leadership team and my fellow independent non-executive directors, to help Gallagher achieve its vision."

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