Marsh reveals new CEOs of UK risk management and FINPRO business
Global insurance broker Marsh has promoted two of its insiders to head up its risk management, and financial and professional (FINPRO) businesses in the UK.
Beth Thurston (pictured up) has been appointed as CEO of UK risk management and will report to Nick Harris, CEO of retail at Marsh UK. She succeeds Ailsa King, who assumes the role of chief commercial officer, Marsh McLennan UK.
Hema Mistry (pictured botom) has been named CEO of the UK financial and professional (FINPRO) business. Effective 1 January, both will be based in London. Mistry will report to Dominic Samengo-Turner, CEO, UK, Marsh Specialty.
In her role, Thurston will have overall responsibility for the strategic management and implementation of services and solutions that support these clients in managing their risk and insurance programmes.
Prior to Marsh, she worked for the Supreme Court of England and Wales. She was part of counsel in a city law firm where she specialised in insurance and reinsurance litigation for more than 14 years.
Mistry will be responsible for managing management liability, financial services, professional indemnity, healthcare, and special practices.
Mistry returns to the UK from San Francisco, where she was the West Zone FINPRO Leader for four years. She joined Marsh in 2010 as a management liability wholesale team leader in London and has international experience in developing services and solutions for professional risks.
Chris Lay, CEO, Marsh McLennan UK, and CEO, Marsh UK, said: “Beth and Hema are highly experienced and talented leaders who, throughout their careers at Marsh, have demonstrated their ability to deliver outstanding results for our clients. Their appointments reflect our deep commitment to providing clients with exceptional services and solutions to manage their risk and insurance programmes.”
Thurston commented: “As the business landscape becomes increasingly volatile and uncertain, many UK companies are encountering more complex and rapidly evolving risks stemming from issues such as inflation, regulatory development, and climate change. Building greater resilience to these risks should be a key boardroom priority. I look forward to supporting our UK risk management clients in navigating the challenges and opportunities that lie ahead.”
Mistry added: “I am excited to return to the UK next year to lead the UK FINPRO business and work with our talented team of colleagues to develop new solutions and create additional insurance capacity for our clients’ most challenging professional risks.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
