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23 May 2022Insurance

Marsh brings new leader to tackle complex geopolitical and credit issues

Global broker  Marsh has appointed a new global political risk & structured credit leader to help clients navigate an “unprecedented period of geopolitical and economic risk” amid the ongoing conflict between Russia and Ukraine.

The appointee has over 30 years’ experience in the political risk and structured credit insurance market, having worked in the UK, the US, and Asia. Before joining  Marsh Specialty, he spent 20 years at Willis Towers Watson.

Rob Perry, currently Asia credit specialties leader - a position he has held since 2019, will transition into his new role as global political risk & structured credit leader,  Marsh Specialty, effective July 1.

Based in London, he will report to Nick Robson, global leader, credit specialties, Marsh Specialty. Perry will oversee the development of  Marsh Specialty’s political risk and structured credit capabilities globally, and will work closely with regional leaders to deliver deep product and industry knowledge that supports clients in mitigating the increasingly complex geopolitical and credit issues they now face.

With over 850 colleagues in over 57 countries,  Marsh Specialty’s Credit Specialties team offers credit risk transfer solutions including political risk & structured credit insurance, trade credit insurance, surety and financial risk products.

Robson said: “ Marsh Specialty has developed a leading position in political risk and structured credit advisory and insurance, through assisting our clients to realise growth while also navigating an unprecedented period of geopolitical and economic risk. This work directly supports critical trade and investment, delivers capital relief, and secures liquidity. Rob is an exceptional leader and his extensive international experience will help us to strengthen and grow the capabilities of our global team to deliver credit, performance and country risk solutions to our clients in all regions of the world.”

Perry added: “While the conflict between Russia and Ukraine continues to have a terrible humanitarian impact and is affecting people and businesses beyond regional borders, in the future rising competition for national supremacy over soil, sea, and space will also fuel global geopolitical tensions. With our expanding global footprint and deep pool of expertise,  Marsh Specialty’s Political Risk & Structured Credit team is well placed to support our clients in building greater resilience into their growth strategies, and enabling them to continue to thrive.”

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