18 April 2018Insurance

Marsh appoints UK financial and professional practice leader

Insurance broker Marsh has appointed Paul Denny as UK financial and professional practice (FINPRO) leader.

Denny will be responsible for managing Marsh’s UK management liability, financial services, professional liability and specie risk teams, reporting to UK specialties division Paul Moody.

Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston and Chicago offices, before moving to its New York headquarters in 2015. Most recently, he served as Northeast US FINPRO leader and US errors & omissions leader, working extensively with professional service firms and financial institutions on their professional liability and cyber risk programmes.

“UK business leaders are faced with an increasingly complex array of risks, as a result of issues such as hacking and data breaches, growing international regulatory collaboration and the impending roll-out of the Senior Managers Regime to almost all UK-regulated firms," Moody commented. "Paul’s considerable experience will be invaluable to our UK clients, as we continue to invest in our UK Specialties business.”

Denny said: “The financial and reputational consequences of successful cyber attacks, increased regulation and the consequences of Brexit are just some of the major risks currently facing professional services firms and financial institutions in the UK. I am excited to return to London to lead the UK FINPRO Practice and enable Marsh’s clients to manage these risks more effectively.”

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