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The biggest people moves this week
Insurance Times rounds up the most significant appointments, hires and leadership developments from 16 to 20 February 2026
Gallagher continues investment in private capital and M&A sector as new hire made
’Private capital is a huge driver of transformative growth around the world,’ says chief executive
Destination Insurance: Sector has failed to sufficiently advertise development opportunities
With 45% of individuals in the industry reportedly leaving due to a lack of career development, a HR director says that the industry needs to ‘shout about’ internal lateral moves to keep talent
Gallagher announces new Bristol office MD as changes made to regional leadership team
’Making this key leadership appointment from within shows our commitment to career development and the talent we have in Gallagher,’ says leader
Insurance Times Review of the Year – Q4 2025
Insurance Times looks back at the most read stories from the fourth quarter of 2025, with brokers jailed, companies entering administration and brokers reorganising
Gallagher UK boss to succeed Jane Kielty as Biba deputy chair
‘Insurance brokers play a vital role in supporting the UK economy and helping businesses and consumers identify, mitigate and transfer risks,’ says Gallagher UK chief executive
Renewals saw reinsurers keen to deploy capital, buyers focused on banking savings – Gallagher Re’s Kerton
Three years of strong profitability left reinsurers comfortable with their risks despite softened rates, while cedants prioritised reduced cost over additional protection
Briefing: Overarching soft reinsurance market at 1/1 sets out insurer opportunities for 2026
Broker chief executive describes 2026 as ‘a year of enormous possibilities’, with falling reinsurance rates giving primary insurers scope to explore their strategic options
Top 50 Brokers: Consolidation of the consolidators sees top 10 brokers stay in situ for 2025
Aggregate revenue across the top 10 brokers for 2025 was just over £13bn – an amount that summed up brokerage across the whole top 50 brokers list in 2023 – as leaders of the broker pack double down on M&A investments to solidify earnings
As sharks circle, who gets swallowed in insurance consolidation?
‘If you’re an insurer without scale and not a specialist, that middle ground is a difficult place to inhabit. I suspect some of those insurers will get squeezed in a soft market,’ says chief broking officer
In Focus: The impending ‘peril’ of underinvesting in reinsurance talent
Michael Rea: How AssuredPartners deal will help grow Gallagher’s UK and Ireland arm
TechTalk: Directors face ‘real risk’ of liability in wake of cyber attacks
Greater appetite around reinsurers ‘rolling the dice’ on ‘immature’ cyber market
Revealed – the best and worst gender pay gaps at UK brokers
In Focus: Are brokers relying too heavily on MGAs to place niche risks and is this impacting market competitiveness?
The Big Question: What were the most unexpected takeaways from the Biba Conference 2025?
Top 50 Brokers: Which brokers were 2024’s high flyers?
Renewals saw reinsurers keen to deploy capital, buyers focused on banking savings – Gallagher Re’s Kerton
Three years of strong profitability left reinsurers comfortable with their risks despite softened rates, while cedants prioritised reduced cost over additional protection
Michael Rea: How AssuredPartners deal will help grow Gallagher’s UK and Ireland arm
’It’s probably the biggest retail transaction we’ll have done in the UK, certainly in my time here in 10 years,’ says UK and Ireland chief executive
Tom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
Johnty Mongan: Cyber insurance harder to secure after shift in market
The cyber insurance market has transformed from ’a bit of a wild west to the smart cyber insurance race,’ says global head of cyber risk management
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