Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has promoted Shaun Hooper to the new role of Chief Commercial Officer, and named Sam Hovey to succeed him as CEO of Cooper Gay, subject to regulatory approval
Hooper joined CGSC in July 2009 as Head of Group Operations and was appointed Chief Executive Officer of Cooper Gay, CGSC’s Lloyd’s and London market broker, in early 2011. He will now take on a wider role for CGSC, taking the lead on the commercial development of its global operations, reporting directly to CGSC’s CEO, Toby Esser.
Ms. Hovey was appointed CFO of Cooper Gay in January 2010. She qualified ACA in 1999, and has held a number of finance roles in the London brokerage market prior to joining Cooper Gay in 2008, including positions at HSBC Insurance Brokers and Rattner Mackenzie, formerly part of the HCC Group.
Esser commented: “Shaun has proven his excellent strategic management abilities whilst CEO of Cooper Gay during a particularly challenging period. He will now be able to deploy those same skills in developing the CGSC’s international businesses.
“I am also delighted that we have been able to appoint a new CEO for Cooper Gay internally. Since joining us in 2008, Sam has shown both the financial acumen and management skills to lead the continued development of our London business. The senior management team looks forward to working with her in her new role to drive profitable growth.”
Source: Cooper Gay Swett & Crawford
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