Global broking powerhouse
Marsh has this morning revealed a new CEO of its UK specialties division.
Paul Moody, previously head of the firm’s UK financial and professional (FINPRO) practice, will take on the role, succeeding Roy White who was announced today as moving to the role of chairman of UK specialties.
The pair will take on their new respective roles on January 01, with Moody assuming responsibility for all of Marsh’s UK specialty businesses.
Moody, who has had a 30-year career in international insurance broking, will report to Dean Klisura, president of global placement and specialties, and Mark Weil, CEO of UK & Ireland, and will join the UK & Ireland executive committee.
The newly-appointed CEO has previously held leadership positions spanning healthcare, education, doctors’ liability, and captive reinsurance. He joined Marsh in 1999, and was appointed head of UK FINPRO in 2013, where he helped companies across sectors manage and mitigate risks covering management liability, professional indemnity and cyber.
Moody began his career at Lloyd’s broker Tozer Phillips which later became part of Marsh through acquisition.
Taking on the newly-created role of chairman of UK specialties, White’s responsibilities will include senior client and insurance market engagement, as well as the leadership of projects focused on the experience of international clients serviced by Marsh’s UK specialty business.
Reporting to Klisura and Weil, he will continue to serve as a director of Marsh Ltd. and as a member of Marsh UK & Ireland’s executive committee. He will also continue his leadership roles in key London insurance market forums.
“Marsh’s local and multinational clients serviced by our UK specialties division face an increasingly complex range of interconnected risks,” Weil said in a statement. “Under Paul and Roy’s leadership, Marsh will continue to deliver the unmatched innovation our clients value.”
A successor for Moody as UK head of FINPRO will be announced in the future, the firm added.
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