Arthur J. Gallagher & Co. announced Friday that Grahame “Chily” Chilton has been named CEO of the company’s UK-based international brokerage division, subject to regulatory approval.

Chilton will be responsible for leading Gallagher’s international brokerage operations and will also become a member of the senior leadership team of parent company Arthur J. Gallagher & Co.

Chilton is the former chairman of Aon Benfield, well known for founding and developing the Benfield Group.

Since December 2013, he has been working in partnership with Arthur J. Gallagher leading the company’s reinsurance intermediary joint-venture, Capsicum Re.

Chilton and Arthur J. Gallagher set up Capsicum to supply highly bespoke and specialist services in the reinsurance market.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Illinois, has operations in 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of correspondent brokers and consultants.

Source: Arthur J. Gallagher & Co.