Price Forbes appoints Payton to senior leadership team

Price Forbes has appointed Malcolm Payton to its senior leadership team, as it looks to strengthen commercial strategy and deepen market engagement.

Based in London, Payton (pictured) will report to specialty broking CEO John Thompson and will work closely with both the Price Forbes and Price Forbes Re leadership teams.

He joins from Gallagher Specialty, where he served as CEO for property and casualty, bringing more than 40 years of industry experience.

His career includes senior roles at Capsicum Re, Guy Carpenter, JLT Re and Aon, with a focus on facultative reinsurance and global broking operations.

The appointment comes as Price Forbes continues to scale its business and invest in senior talent to support long-term growth.

Thompson said the hire reflects the firm’s strategic priorities.

“Continuing to invest in leaders of Malcolm’s calibre and reputation is core to achieving our long-term objectives and I am delighted to welcome him to the team,” he said.

“Malcolm’s exceptional market credibility, relationships, technical expertise and proven track record will be invaluable as we meaningfully and sustainably scale the business further,” Thompson added.

Payton said the move represents an opportunity to contribute to the broker’s next phase of development.

“I’m excited to be joining Price Forbes at such a pivotal stage of its growth,” Payton said.

“Its ambition and the opportunity to sit alongside such talented colleagues were irresistible and I look forward to working with them to build relationships and strong foundations for the future,” he added.