Marsh McLennan
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The broker has acquired the share previously owned by the Rampart Trust.
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Catherine Read joins RLAM, where she served as COO for four years, and will take up her new role at the beginning of January.
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The business was founded in 2011 and will join Marsh’s affinity and special risks practice.
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The broker has announced several senior leadership changes since John Doyle was promoted to group president and COO.
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Justine Mayhew’s appointment comes less than a week after former CEO Ryan Bond was promoted to Marsh’s head of climate and sustainability insurance innovation.
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He will work closely with Amy Barnes to support clients through the climate transition.
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The broker has been restrengthening its team after a period of talent flight in the run-up to the failed Aon merger.
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The unit will be led by Don Wright and will operate as a combined unit from January 1.
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Marsh McLennan has appointed Marsh CEO John Doyle as group president and COO, with Marsh US president Martin South succeeding him as CEO of Marsh.
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Marsh marine cargo brokers Kevin Brown and Lee Lockyer have resigned to join Lockton’s expanding marine team, Insurance Insider can reveal.
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Berkshire Hathaway reduced its shareholding in Marsh McLennan by 35% during the third quarter, as the Warren Buffet-led business continued to sell down across its portfolio, an analyst note from Morgan Stanley shows.
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Based in London, Graham Bristow, Barrie Watson and Ian Leslie all held senior roles at Aon's credit solutions.
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