Marsh appoints CEO UK specialties
Global insurance broking and risk management firm Marsh has appointed Paul Moody as CEO of its UK specialties division.
Moody succeeds Roy White who has been named chairman of UK specialties.
In his new role, Moody will assume responsibility for all of Marsh’s UK specialty businesses. He will report to Dean Klisura, president of global placement and specialties and Mark Weil, CEO of UK & Ireland, and join the UK & Ireland executive committee.
Moody was previously head of Marsh’s UK financial and professional (FINPRO) practice. A successor for Moody as UK head of FINPRO will be announced later, the company said.
In his 30-year international insurance broking career, Moody has held leadership positions spanning healthcare, education, doctors’ liability, and captive reinsurance. He joined Marsh in 1999, and in 2013 was appointed head of its UK FINPRO practice, helping 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, through acquisitions, became part of Marsh.
As chairman of UK specialties, a newly-created role, 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. He will report to Klisura and Weil. He will continue to serve as a director of Marsh and as a member of Marsh UK & Ireland’s executive committee. White 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," said Weil. "Under Paul and Roy’s leadership, Marsh will continue to deliver the unmatched innovation our clients value."
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