Marsh unveils head of climate and sustainability insurance innovation

BIBA board member to spearhead the development of insurance products

Marsh unveils head of climate and sustainability insurance innovation

Environmental

By Ryan Smith

Marsh has announced the appointment of Ryan Bond as head of climate and sustainability insurance innovation, effective Jan. 1. In his new role, Bond (pictured above) will report to Amy Barnes, head of climate and sustainability strategy at Marsh. Bond will be based in London.

In his new role, Bond will be responsible for leading the global development of insurance products that support Marsh’s clients through the climate transition and help them achieve their commitments to sustainability.

Bond joined Marsh in 2007. Most recently, he served as chief executive, UK and Ireland, for Bowring Marsh, the company’s international placement business. Prior to joining the brokerage giant, he served as a division director at Willis Towers Watson. Bond is a board member of the British Insurance Brokers’ Association (BIBA) and also serves on BIBA’s International & Wholesale Advisory Board.

“Insurance has a key role to play in accelerating climate-related action, smoothing the transition, and supporting the societal change required to realise a more sustainable future,” Barnes said. “Ryan’s extensive experience working with international insurance markets, together with his deep understanding of the challenges our clients face, will be invaluable in the development of new solutions that support organisations in achieving their climate- and sustainability-related goals.”

“There is a clear opportunity for greater innovation in risk transfer, underwriting, and risk management to support global climate ambitions, and for insurance to be a more immediate catalyst for change,” Bond said. “I look forward to working with our clients, colleagues, and the wider insurance community to build resilience amid increasing climate volatility and develop nature-positive insurance solutions.”

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