With a clear growth strategy in mind, global insurance broker Gallagher has made a further investment in its specialist UK public sector and education capabilities – a market it describes as “rapidly evolving.”
The company is aiming to diversify its services and has made a host of internal promotions – with Peter Mason, already the firm’s executive director of public sector and education, to now lead the development of a significant strategic initiative to develop a range of risk financing solutions for clients. The hope is to engender a more collaborative approach and bring greater efficiencies to the table.
“With the continued pressure on public sector funding, greater risk retention by clients and the emergence of a number of mutual risk-pooling facilities backed by central government, significant change is being driven through the public sector and education market,” said Tim Devine, managing director of UK public sector and education.
“Peter’s new role will see him lead the development of new and innovative solutions that deliver greater efficiency through collaboration and best meet the shifting needs of our clients. His strong leadership credentials, project management expertise, risk financing experience and procurement knowledge, mean he is ideally placed to spearhead this separate but critical work stream.”
Efforts are further boosted by Mark Sangster’s promotion to executive director of public sector and education (PS&E) in the north – he was previously client director, based in Manchester. The 20-year insurance veteran has worked for Gallagher for 16 years and has held responsibility for some of the largest and most complex public sector and higher education clients on the broker’s books.
Meanwhile, Guy Stonier has also joined the PS&E team in the role of client director in the north – he was previously deputy head of office at Gallagher’s Sheffield branch.
“Our growth strategy within PS&E has always been to ensure the widest possible geographic coverage for clients, supporting them as a global broker through local service,” said Sangster. “Guy’s promotion to client director in the north reinforces that strategy. His knowledge of commercial businesses will also be a great asset to the team due to the commercialisation agenda within most public-funded bodies, driven by increased pressure on funding over recent years. We are delighted he has chosen to join our specialist team.”