Marsh has announced that it had appointed Paul Moody to be CEO of its UK Specialties Division. In this role, Mr. Moody succeeds Roy White who Marsh also today announced that it had named Chairman of UK Specialties. Both appointments are effective as of 1 January, 2018.
In his new role, Mr. Moody, will assume responsibility for all of Marsh’s UK specialty businesses. He will report to Dean Klisura, President of Global Placement and Specialties and Mark Weil, CEO of UK & Ireland, and join the UK & Ireland Executive Committee. Mr. Moody was previously Head of Marsh’s UK Financial and Professional (FINPRO) Practice. A successor for Mr. Moody as UK Head of FINPRO will be announced in the future.
In a 30-year international insurance broking career, Mr. Moody has held leadership positions spanning healthcare, education, doctors’ liability, and captive reinsurance. He joined Marsh in 1999, and in 2013 was appointed head of its UK FINPRO Practice, helping companies across sectors manage and mitigate risks covering management liability, professional indemnity and cyber. Mr. Moody began his career at Lloyd’s broker Tozer Phillips which later, through acquisitions, became part of Marsh.
As Chairman of UK Specialties, a newly-created role, Mr. White’s responsibilities will include senior client and insurance market engagement as well as the leadership of projects focused on the experience of international clients serviced by Marsh’s UK Specialty business. Mr. White will report to Mr. Klisura and Mr. Weil. He will continue to serve as a director of Marsh Ltd. and as a member of Marsh UK & Ireland’s Executive Committee. Mr. White will also continue his leadership roles in key London insurance market forums.
“Marsh’s local and multinational clients serviced by our UK Specialties Division face an increasingly complex range of interconnected risks,” said Mr. Weil. “Under Paul and Roy’s leadership, Marsh will continue to deliver the unmatched innovation our clients value.”