Market surprised by Reid's Gallagher exit

exit-sign-sky

Reid is fifth person to leave UK Retail CEO role in five years.

Experts across the market have said they were taken aback by the news that Stuart Reid has left Arthur J. Gallagher after a year in the role of UK Retail CEO.

"It's a bit of a surprise, he has only been there for a year and it was a big high-profile announcement," an unnamed broker said.

"Several high-profile people have had that role over the years with Brendan McManus, Janice Deakin, Peter Blanc and now Stuart," the broker continued.

"It seems to be a tough challenge whatever the objectives

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: