WTW lures Marsh veteran for dual leadership in North America
Global broker WTW has brought in a Marsh veteran of almost 30 years for a dual leadership role in its North America Corporate Risk and Broking (CRB) business.
Karen Beldy Torborg (pictured) will join WTW as head of strategic growth & portfolio management and head of large accounts segment within CRB North America.
With a career spanning over 30 years, particularly in M&A and private equity, while also focusing on strategic business development and client-centricity, Beldy Torborg most recently served as the global engagement partner at Marsh. In this role, she provided strategic risk advice, portfolio insurance programme development, and bespoke solutions to clients within the alternative asset investment sector.
Prior to that, she spent 26 years growing Marsh’s private equity and M&A services division, serving in various leadership roles including global specialty head and North America practice leader. Beldy Torborg started her career as an underwriter at Chubb.
In her new roles at WTW, Beldy Torborg will assume the responsibility of identifying and evaluating acquisition opportunities for the business, aiming at contributing strategic, profitable growth to the overall CRB business. In close collaboration with various WTW senior leaders, she will proactively explore industry-specialised prospects within the broking, affinity, MGA, and personal lines sectors across the United States, Canada, and Bermuda.
In her capacity as head of large accounts, Beldy Torborg will collaborate closely with Global Client Advocates and Lead Relationship Managers, concentrated on further enhancing WTW’s presence and strengthening business relationships across the Fortune 1000 landscape. Reporting directly to Mike Chang, head of CRB NA, WTW, Beldy Torborg will be based in New York.
"Karen's dual role brings a wealth of unique industry insight, global experience and specialised expertise, with a proven track record," said Chang. "Karen is poised to drive a robust and profitable M&A strategy for CRB NA, while providing specific clients with outstanding guidance. We are excited that she is joining the team and look forward to the invaluable perspective she will bring."
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