Arthur J. Gallagher & Co. Announces New U.K. Executive

ITASCA, Illinois, Feb. 20, 2015 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced that Grahame 'Chily' Chilton has been named CEO of the company's UK-based international brokerage division, subject to regulatory approval.

Mr. Chilton will be responsible for leading Gallagher's international brokerage operations and will also become a member of the senior leadership team of parent company Arthur J. Gallagher & Co.

Best known for founding and developing the Benfield Group, Chily is a recognized industry leader and the former Chairman of Aon Benfield. Since December 2013, he has been working in partnership with Arthur J. Gallagher leading the company's reinsurance intermediary joint-venture, Capsicum Re., which was established by Chily and Arthur J. Gallagher to supply highly bespoke and specialist services in the reinsurance market.

Chairman, President and CEO, J. Patrick Gallagher Jr. said: "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. 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."

Mr. Chilton said: "Arthur J. Gallagher is a great business with great people and I am looking forward to working with the team and getting to know our customers over the coming weeks. Being asked to take on this new role, in addition to my existing position within Capsicum Re., demonstrates the strength of the partnership we have built over the past 14 months, and I am excited to be part of the next chapter in the company's international growth story."

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.

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