AJ Gallagher
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The broker will work to support US client retention and business growth. -
The broker said it did not anticipate a slew of new entrants, with the possible exception of casualty start-ups.
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Carriers believe price and exposure adequacy is on the horizon.
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A deal would mark Amwins’ second LatAm sale, after Lockton acquired THB Brazil last May.
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The move is the latest in a series of top-level reshuffles at Gallagher.
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She will report to Brian Flasinski, Gallagher Re’s new North America CEO.
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His promotion to chief executive was announced in March.
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Partington will now be leading Gallagher’s LatAm and Caribbean businesses.
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AJ Gallagher had also shown an interest in acquiring the Australian retailer.
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US SCS insured losses YTD already stood at around $12bn prior to these events.
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This was Gallagher’s largest Q1 deal, followed by $66.6mn for Ericson Insurance.
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Gallagher expects "little impact" from the FTC’s non-compete ban on the firm’s M&A strategy.
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