Marsh has announced the appointment of Alistair Fraser as CEO of its UK Corporate division.
Mr Fraser succeeds Joe Grogan, who today Marsh named as Chairman of Marsh Ireland. Both appointments, which are subject to regulatory approval, are expected to take effect by the end of 2018.
Mr. Fraser is currently CEO & President Director, Marsh Indonesia, and serves on Marsh Asia’s Executive Committee. In his new role, he will assume overall responsibility for Marsh’s Corporate business across the UK and report to Chris Lay, CEO, Marsh UK & Ireland.
Marsh’s Corporate business provides risk management advice, insurance brokerage and claims advocacy services to mid-size and large organisations through its network of 18 UK offices.
Mr. Fraser has over 22 years of experience in the international insurance industry and more than a decade at Marsh, where he has held numerous leadership positions in the UK, Singapore and Indonesia. He joined Marsh in 2008 as head of the Reading office and helped lead the Southern Region, which included overseeing the Bristol and Southampton offices, before moving to a sales leadership role in Asia in 2012.
As Chairman of Marsh Ireland, Mr. Grogan will oversee Marsh’s Irish operations, with a particular focus on implementing Marsh’s Brexit strategy. He will continue to report to Mr. Lay and serve as a board member of Marsh Ltd. In his nearly 40-year career, Mr. Grogan has held numerous senior roles in his 27 years at Marsh and led the UK Corporate business since 2009.
“Joe is an exceptional leader who has played a pivotal role in developing Marsh’s business in the UK and Ireland over the last two decades,” said Mr. Lay. “I would like to thank him for his considerable efforts and wish him success in his new role as Chairman of Marsh Ireland.
“Alistair brings extensive international experience in leading strong teams and growing businesses to our UK Corporate division. Under his leadership, he will ensure that the firm delivers the services and solutions that our Corporate clients need to mitigate the increasingly complex risks they face, and continue to be successful.”