June 24, 2022
Today’s guest is someone I first met almost thirty years ago.
In the intervening time he has had a glittering career, most of which has been on the underwriting side of the fence with senior roles at QBE, Brit and most recently at Gallagher’s Pen Underwriting MGA.
But now Jonathan Turner is the CEO at Gallagher Specialty UK, he is firmly on the broking side of the box for the first time in his career.
In this lively podcast we get to the heart of what is a really vigorous and fascinating market.
A market which is managing to be both very hard and very competitive at the same time, depending hugely on line of business and territory.
This is also a newly confident market that is in growth mode and not lacking in capital resources in any meaningful way.
Gallagher was an early mover in the long wave of London Market wholesale broking consolidation, the highwater mark of which we have been seeing lately, and we discuss how this phenomenon has affected market dynamics.
We also reflect on what an underwriter’s experience can bring to running a broker, along with the prospects for market modernisation, not just in technology but in cultural and behavioural change too.
Jon’s really smart and is very straight talking throughout our encounter.
As a consequence, there are an awful lot of really good things packed into a relatively short period of time.
We thank our naming sponsor AdvantageGo:
We also thank this Episode’s advertising supporter Oxbow Partners