Price Forbes takes financial products team from Gallagher

Specialist broker Price Forbes has launched a new financial products division with four hires from rival Arthur J Gallagher.

Price Forbes’s new division will be headed by Adrian Fox, head of financial products. He was previously executive director and head of the financial lines international broking and wholesale division at Gallagher.

Colin Plumb, Edward Cross and Paul Kelly also join Price Forbes from Gallagher as directors. All are global professional and financial lines specialists.

Plumb was previously divisional director, financial institutions at Gallagher. Cross was divisional director with the responsibility for developing new financial lines business.

Kelly was previously Gallagher’s associate director – international financial institutions.

Price Forbes chief executive Michael Donegan said: “Their collective experience, expertise and solid track record in establishing new ventures and building market share offers the potential for our financial products division to become a market leader. I look forward to working with them and the part they will play in the ongoing development of Price Forbes.”