Marsh McLennan has announced the appointment of Stephen McKay as UK Advisory Leader. Subject to regulatory approval, Mr. McKay will be based in London and report to Chris Lay, CEO, Marsh McLennan UK and Giampaolo Scarso, Advisory Leader, International, Marsh. He will also join Marsh’s UK Executive Committee.
In this role, Mr. McKay will lead Marsh’s UK strategic and operational risk consulting teams and support the advancement of Marsh’s analytics and claims solutions capabilities. He will work closely with clients in key areas including reducing the cost of risk, increasing resilience, and providing risk finance decision-making insights.
Mr. McKay is currently the Property Practice Leader for Marsh Advisory in North America, a position he has held for over four years. With 30 years of experience advising on risk programmes across various industries, his expertise includes areas such as major hazard assessment, M&A due diligence and environmental controls.
Commenting on Mr. McKay’s appointment, Mr. Lay said: “Our UK advisory business is a hub of deep industry expertise, advanced analytics, and specialist global knowledge. With increasing uncertainty around the challenges that lie ahead, whether they be geopolitical, technological or commercial, Stephen will play a crucial role in ensuring our UK clients remain optimistic about their growth opportunities.”
Mr. McKay added: “Organisations in the UK are undergoing vast transformation across all areas of their operations and require innovative solutions to help them manage a variety of emerging risks. I look forward to leading the UK Advisory team and supporting them in their provision of meaningful data and foresight for clients so that they have the insights they need to remain resilient.”