Brokerage shuffles executive management team; axes some support roles

Brokerage shuffles executive management team; axes some support roles | Insurance Business

Brokerage shuffles executive management team; axes some support roles
Arthur J. Gallagher has made a string of executive appointments in the Australian broking business including appointing a former national practice leader Mark Oatway to head of corporate broking.

Oatway is the Arthur J.Gallagher national practice leader for corporate and natural resources in Australia. His new role encompasses OAMPS and Arthur J. Gallagher Australia corporate teams. He will be stationed in Sydney.

Ross Castle, current head of corporate broking at OAMPS, will assume the role of head of insurer relationships and markets. He will continue to be located in Melbourne.

Head of commercial broking, Sarah Lyons will also become chief operating officer, where she will assume responsibility for the Australian branch network and associated operations. Lyons will remain in Melbourne.
All roles are effective from 1st October and report to Andrew Godden, CEO of Arthur J. Gallagher Australian broking.

The brokerage has also amalgamated claims, finance, operations and other support functions teams under one leader, for each function, to further facilitate integration of the OAMPS and Arthur J. Gallagher Australia businesses.
But the new structure has resulted in “some support roles which are no longer required as well as a number of new vacant roles which are open to all people in Arthur J. Gallagher across Australia and New Zealand”.
A spokesperson told Insurance Business that those staff members affected are currently in a consultation process over redeployment. They could not say how many people are affected.

Steve Lockwood, managing director of Australia and New Zealand at Arthur J. Gallagher said: “I am confident that the structure we now have in place absolutely aligns our business functions with the needs of a single branch network and corporate capability. This sets us on the path to deliver a compelling client proposition to the market, as well as providing an attractive proposition to vendors looking to sell their business.”
Arthur J.Gallagher acquired Wesfarmers' broking operations, including OAMPS, earlier this year.