chris-lay
Chris Lay, CEO UK & Ireland, Marsh /Source: Marsh
13 April 2018Insurance

Marsh appoints new UK & Ireland CEO as Weil departs for PE firm

Insurance broker Marsh has named Chris Lay as new CEO of its UK & Ireland region, succeeding Mark Weil who is leaving Marsh to take up a senior role in the private equity sector.

The company said Lay will be appointed CEO of Marsh’s UK businesses, subject to regulatory approval. Lay will report to Marsh International president Flavio Piccolomini.

Lay will relocate back to London from Toronto, where he has been serving as president and CEO of Marsh Canada. A 30-year veteran of Marsh, Lay has held increasingly senior roles, including president of global captive solutions, head of global sales and business development leader for Marsh International.

The company has appointed Sarah Robson to succeed Lay as president and CEO of Marsh Canada, based in Toronto. Robson will report to Martin South, president of Marsh US and Canada.

Robson is currently a managing director in Marsh’s US business and serves as global relationship manager in its insurer consulting group.

“Our UK & Ireland business has long enjoyed an enviable reputation for the services and solutions it provides to large UK and multinational clients,” said Piccolomini. “More recently, it has also become the UK’s leading SME insurance broker and risk adviser. With a long track record of success working with companies of all sizes around the world, Chris is the ideal leader to further build our client offering in the UK & Ireland.”

Lay added: “As companies face an increasingly complex operating environment – navigating risks such as cyber and Brexit – Marsh is well-placed to be the trusted adviser to firms of all sizes.

"Through its market-leading data and analytics capabilities, Marsh is investing in the innovations that will enable firms to manage these risks more effectively. I look forward to working with colleagues around the region to deliver the risk and insurance services our clients need.”

Join us at Intelligent Automation in Insurance - April 26th 2018, London:  Book now.

More of today's news

AM Best warns over cyber challenge for insurers

AIG poaches XL Catlin's global head of claims Vidovich

VIG Re plans Asia, Europe expansion, says chairman

Insurers refocus strategy to reduce capital intensity

CNA appoints global reinsurance SVP from AIG

AXA backs insurtech for pay-by-mile car insurance in UK

Marsh unveils digital labs in insurtech push

Alliant acquires New York insurance brokerage Crystal & Company

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
13 April 2018   Global insurance broking and risk management firm Marsh has launched Marsh Digital Labs to develop next-generation insurance products and distribution channels.
Insurance
11 April 2018   Global insurance broking and risk management firm Marsh has appointed Christos Adamantiadis as CEO of a newly-combined Middle East and Africa region, and Ayman El Hout as country leader for the United Arab Emirates (UAE).