Global reinsurance broker Gallagher Re has announced that its chairman, Patrick “Paddy” Jago, will retire at the close of 2026.
The move marks the end of a distinguished 50-year career in the insurance and reinsurance industry. Jago has been Chairman of Gallagher Re, the reinsurance division of Arthur J. Gallagher & Co. (Gallagher), with global oversight of the firm’s strategic growth, sales and carrier-management relationships.
Earlier in his career, Jago held top roles at Willis Re, including global chairman. Prior to that, he served at Aon Ltd. as chief executive officer of North America, responsible for property & casualty reinsurance.
Over the years, Jago has built a reputation as a strong sales- and growth-oriented executive in the reinsurance broker space. In 1990, he helped set up a North American treaty reinsurance division at Nicholson Chamberlain Colls (NCC), which he subsequently built into one of the largest in London over the next 15 years.
In a statement, Tom Wakefield, CEO of Gallagher Re, said: “Anyone who has had the privilege of working alongside Paddy knows how instrumental he has been to the success and growth of Gallagher Re. His leadership and dedication have left an indelible mark on our business, and he will be greatly missed.
“While there will be many opportunities over the coming months to celebrate Paddy’s remarkable career and his immense contributions to the industry and Gallagher Re, I would like to take this moment to warmly congratulate him on reaching this incredible milestone.”
Gallagher Re has not publicly stated a successor at this stage.
