Gallagher hires senior vice president from Marsh & McLennan

Insurance broker Gallagher has appointed Mark Ettershank as head of warranty & indemnity (W&I) and tax in its major risks practice.

Ettershank's most recent role was senior vice president of the private equity and M&A team at Marsh & McLennan (MMC), where he advised on a range of deals, from small domestic M&A to complex international transactions in excess of £1bn, advising clients on the placement of W&I and contingent risk insurance.

In his new role, Ettershank will be responsible for spearheading new business, expanding technical expertise and growing the team.

Alan Pratten, managing director of Gallagher’s major risks practice, said: “We are very happy to welcome Mark to Gallagher. He is a great addition to our experienced team of over 50 risk professionals looking after due diligence, contingency, tax, W&I and portfolio company insurance requirements.

“Mark is a great addition to our recent hires of James Bailey and Ian Coleman in our litigation team as we continue to build a team of experienced, ethical individuals passionate about client delivery.”

Ettershank added: “The opportunities for Gallagher to expand in the W&I and tax insurance space are considerable. With the current economic conditions, clients undertaking deals will be presented with increased levels of risk, so it’s a great time to be joining a team which offers clients such a high level of experience and technical expertise.”