Marsh has announced the appointments of Beth Thurston as CEO of UK Risk Management, and Hema Mistry as CEO of the UK Financial and Professional (FINPRO) business. Effective 1 January, both will be based in London; Ms. Thurston will report to Nick Harris, CEO of Retail, Marsh UK, and Ms. Mistry will report to Dominic Samengo-Turner, CEO, UK, Marsh Specialty.
Marsh’s UK Risk Management client segment focuses on serving the needs of Marsh’s largest and most complex clients. In her role as CEO, Ms. 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.
Ms. Thurston has worked for Marsh for 14 years and is currently CEO of UK FINPRO. A Solicitor of the Supreme Court of England and Wales before joining Marsh, Ms. Thurston was an Of Counsel in a city law firm where she specialised in insurance and reinsurance litigation for more than 14 years. She succeeds Ailsa King, who was announced as Chief Commercial Officer, Marsh McLennan UK, on 6 September 2023.
As CEO of UK FINPRO, Ms. Mistry will be responsible for managing the management liability, financial services, professional indemnity, healthcare and specie practices.
Ms. Mistry returns to the UK from San Francisco, where she was the West Zone FINPRO Leader for four years. Ms. Mistry joined Marsh in 2010 as a Management Liability Wholesale Team Leader in London and has extensive international experience in developing services and solutions for professional risks.
Commenting on the appointments, 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.”
Ms. 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.”
Ms. 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.”