WTW eyes global surety market with latest swoop on Marsh & Hartford

Global broker  WTW has recruited two surety experts from Marsh and Hartford as part of its “tactical push to become the global surety market leader”.

The company has strengthened its investment in North American corporate risk and broking (CRB) surety business with the appointment of Thomas Rhatigan and Dan Peck as part of its specialisation strategy.

Rhatigan joins as Northeast senior director and commercial surety leader for CRB in the Northeast region. He will be responsible for driving new business through strategic growth across commercial surety.

Joining from Marsh, where Rhatigan served as managing director and head of the Northeast surety practice, he brings more than 25 years of industry experience on both the underwriting and broking sides of the business, developing solutions to challenging and complex credit cases. Based in Short Hills, New Jersey, Rhatigan will report to Scott Hull, global head of surety at WTW.

Peck has also joined WTW as director and New England contract surety leader. In this role, Peck will expand on the company’s focus to bring specialised expertise to meet clients’ distinctive surety needs.

He comes to WTW from the Hartford, where he served as regional surety leader, serving clients from Florida to Maine. He has 15 years of specialised experience and “proficiency with ingenious solutions” to facilitate custom surety programmes, WTW noted.

Hull said: “The addition of Tom and Dan demonstrates our continued focus on bringing the brightest industry talent to WTW to deliver best-in-class solutions. I am delighted to welcome them to the team and am confident that they will deliver the best solutions to client challenges.”

Michael Chang, head of CRB, North America, WTW, added: “We continue to hire those professionals that align perfectly with our North American CRB focus on expertise and specialisation, and Dan and Tom align perfectly with that strategy. I look forward to helping them deliver best-in-class solutions to clients throughout the Northeast region.”

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