He took up the role in March 2025

Stephen Smith has left Gallagher just over a year after taking up a new role with the broker.

Smith was appointed managing director of broking and placement for its UK and Ireland retail division in March 2025.

He was responsible for leading the retail broking strategy, as well as overseeing the placement of insurance on behalf of clients across 500 markets.

However, in a statement sent to Insurance Times this morning (8 July 2026), Gallagher said Smith had left the business.

”We wish him all the best,” it added.

Next steps

As a result of his departure, chief broking officer Simon Collings has changed his role to focus on broking and placement for the UK and Ireland retail business given its size and scale.

He was appointed CBO in 2024 after serving as managing director of Gallagher’s national broking and placement team for several years.

”He will continue to work closely with the central carrier management team which is led by Rachael Cave, director of carrier management, and Jenny Powell, head of market relationship management,” Gallagher added.