Marsh appoints former Towergate exec as CEO of Commercial

Broker  Marsh has appointed a new CEO of  Marsh Commercial. The appointee is expected to take up the position on 1 January, 2022 and will also join  Marsh’s UK & Ireland Executive Committee.

David Bruce (pictured) joined Marsh Commercial in 2018 as chief operating officer. In his more than 30-year career, Bruce has held a number of senior broking and underwriting roles. Before joining Marsh he served as chief executive of Commercial Underwriting at Towergate Insurance, and was also previously CEO of insurance intermediary Cullum Capital Ventures, and Director of Distribution, Partnerships, at Aviva.

In his new role, Bruce will oversee Marsh Commercial’s UK-wide network of 50 offices, and the Enterprise Centres of Excellence, that provide insurance broking, risk management, and employee benefits solutions to individuals and businesses. Bruce will report to Alistair Fraser, CEO, UK Corporate, Marsh. He succeeds Anthony Gruppo, who is retiring from the industry in early 2022.

Fraser said: “David is an exceptional leader and has been instrumental in shaping the development of Marsh Commercial’s services and solutions for the UK’s small and medium sized businesses over the last three years. He brings extensive broking and underwriting experience to the role and, under his guidance, Marsh Commercial is well-placed to continue to help clients navigate the risks they face and continue to thrive.”

Bruce added: “UK SMEs have been faced with unprecedented challenges over the last 18 months, and their resilience to shocks associated with the pandemic has been tested to the limit. As we begin to move towards recovery, I look forward to working with my Marsh Commercial colleagues in helping them shape our clients’ futures and contribute to their success.”

Chris Lay, CEO, UK & Ireland, Marsh, commented: “David will play a key role in delivering the very best of Marsh and Marsh McLennan to small and medium sized businesses across the UK. On behalf of the business and our colleagues across Marsh, I would like to thank Anthony for his tremendous leadership, dedication and service, and wish him well for the future.”

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