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She will develop regional underwriting strategy and product offerings.
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His experience includes HPR engineering, facultative reinsurance and E&S underwriting.
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He brings more than 20 years of industry experience to the role.
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Kevin Kerridge will operate in an advisory capacity until the end of September.
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The move is the latest in a series of top-level reshuffles at Gallagher.
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Ex-PartnerRe executive Joe Hissong will serve as the underwriter’s COO.
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The executive was co-founder and chief insurance officer for MGA Shepherd.
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Kranz steps into the role vacated by Doug Hamilton, who will retire in July.
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Additionally, the company hired in Florida and Indiana.
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Lee and Barker were promoted to underwriting and distribution leadership.
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The appointment follows the closure of Truist Financial's $15.5bn sale of its insurance arm TIH.