Simon Matson News

Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from 33% to 100%, effective Jan. 1, 2020. Financial details of the transaction were not disclosed. Founded in December 2013 by …

CEO of Gallagher’s UK Broker/Underwriting Unit Apologizes for ‘Insensitive Comments’

Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh Group. Comments made by Matson and other Alesco executives came to light when …

Chilton to Step Down as CEO of Gallagher’s UK Operations; Succeeded by Matson

Arthur J. Gallagher & Co. announced that the head of the company’s UK-based brokerage and underwriting division, Grahame “Chily” Chilton, will be stepping down from his role as chief executive officer later this year. Subject to regulatory approval, Simon Matson, …

Arthur J. Gallagher Completes Leadership Team with 4 Executive Appointments

Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has appointed Michael Rea as chief operating officer and Carol Richmond as chief risk officer, subject to regulatory approvals. Both recruits will join the organization’s international …