Marsh has announced the appointment of Paul Denny as UK Financial and Professional Practice (FINPRO) Leader. Mr. Denny reports to Paul Moody, CEO of Marsh’s UK Specialties Division.
Mr. Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston and Chicago offices, before moving to its New York headquarters in 2015. Most recently, he served as Northeast US FINPRO Leader and US Errors & Omissions Leader, working extensively with professional service firms and financial institutions, including several Fortune 100 companies, on their professional liability and cyber risk programmes.
As UK FINPRO Leader, Mr. Denny will be responsible for managing Marsh’s UK management liability, financial services, professional liability and specie risk teams.
Mr. Moody commented: “UK business leaders are faced with an increasingly complex array of risks, as a result of issues such as hacking and data breaches, growing international regulatory collaboration and the impending roll-out of the Senior Managers Regime to almost all UK-regulated firms. Paul’s considerable experience will be invaluable to our UK clients, as we continue to invest in our UK Specialties business.”
Mr. Denny added: “The financial and reputational consequences of successful cyber-attacks, increased regulation and the consequences of Brexit are just some of the major risks currently facing professional services firms and financial institutions in the UK. I am excited to return to London to lead the UK FINPRO Practice and enable Marsh’s clients to manage these risks more effectively.”