Marsh has announced that Chris Lay will be named CEO of its UK & Ireland region, reporting to Flavio Piccolomini, President of Marsh International, and he will be appointed CEO of Marsh Limited, all subject to regulatory approval.
Flavio Piccolomini, President of Marsh International, said: “Our UK & Ireland business has long enjoyed an enviable reputation for the services and solutions it provides to large UK and multinational clients. 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.”
Marsh also announced that it had appointed Sarah Robson President and CEO of Marsh Canada, reporting to Martin South, President of Marsh U.S. and Canada.
Mr. 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, Mr. Lay has had a distinguished career, holding increasingly senior roles, including President of Global Captive Solutions, Head of Global Sales, Business Development Leader for Marsh International, and Head of the Corporate Division in the UK. He also served on the board of Marsh Limited from 2007-2016. Mr. Lay will succeed Mark Weil who is leaving Marsh to take up a senior role outside of insurance in the private equity sector.
Chris Lay said: “I am excited to be returning to the UK to lead a high-performing team I know well. 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.”
Ms. Robson will succeed Mr. Lay as President and CEO of Marsh Canada, based in Toronto. Ms. Robson is currently a managing director in Marsh’s U.S. business and serves as Global Relationship Manager in its Insurer Consulting Group. She has over 25 years of experience at Marsh, holding increasingly critical client- and market-facing roles. Ms. Robson has deep experience in the Canadian marketplace, having started her career as an underwriter in Canada at Chubb before becoming Financial and Professional Practice leader and then Specialties Leader for Marsh Canada.
John Doyle, President and CEO of Marsh, said: “We are excited to appoint Chris and Sarah to lead these important regions for us. They are talented, long-tenured Marsh executives who will bring a strong focus on our priorities of colleagues, clients and growth.”