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
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
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
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze