Former Marsh vice chairman joins Talbot Group

Talbot Group has recruited former Marsh vice chairman David Batchelor to serve as non-executive chair.

The Lloyd’s of London insurance and reinsurance specialist, which last year became part of American International Group (AIG) through the purchase of Validus Holdings, is saying goodbye to founder and chairman Rupert Atkin who is stepping down after 28 years at Talbot.

Meanwhile Batchelor, who also served as president of Marsh’s international division, spent 17 years at the broking heavyweight before retiring earlier this year. His appointment at the AIG subsidiary is effective following regulatory and Lloyd’s approval.

“On behalf of Talbot, I am delighted to welcome David as non-executive chairman,” commented Chris Townsend, president and chief executive of AIG International General Insurance. “His significant expertise in the London and international markets will greatly benefit AIG and Talbot as we enhance the value proposition for our clients and broker partners.

“I’d like to thank Rupert for his contribution to Talbot and for enabling a smooth transition post-acquisition.”