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Former Benfield boss Grahame Chilton will lead Arthur J. Gallagher & Co.'s international brokerage division, the Itasca-based brokerage announced Friday.
Mr. Chilton replaces David Ross as CEO of Arthur J. Gallagher International in London. Mr. Ross recently left to lead London-based brokerage Towergate Group P.L.C.
Mr. Chilton, who is best known for building reinsurance brokerage Benfield Group Ltd. prior to its acquisition by Aon, also leads London-based Capsicum Reinsurance Brokers L.L.P., a 2013 joint venture between Mr. Chilton and Arthur J. Gallagher, according to a statement.
“Chily has an outstanding reputation and proven track record as a successful industry leader who understands how to balance the entrepreneurial culture that our business is built on, with the successful running of a large scale organization,” J. Patrick Gallagher Jr., Arthur J. Gallagher's president and CEO, said in the statement. “We are delighted that he has agreed to lead the team as they continue to drive future growth while remaining firmly committed to delivering quality service to Gallagher customers.”
The London-based reinsurance brokerage team of Arthur J. Gallagher & Co. has transferred to Capsicum Reinsurance Brokers L.L.P., the reinsurance brokerage set up earlier this year as a joint venture between Gallagher and Capsicum Private Office L.L.P., the family trust of former Aon Benfield Chairman Grahame Chilton.