WTW
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The new broking president added that hundreds of Marsh staff would not show up tomorrow at WTW. -
He joins the firm following the departure of Edward Morgan and Guy Tyler, who have launched an MGA.
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The broker said achieving profitability “remains challenging” for insurers.
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CRB NA growth was driven by specialty lines, including natural resources, construction and real estate.
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WTW has also recruited Marsh’s Thomas Burrows and Rupert Mackenzie recently.
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The broker raised the low end of its 2024 target ranges for adjusted operating margin and adjusted EPS.
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Alongside the appointment, Adam Garrard will take on the new role of chairman of risk and broking.
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Camilla Chiatti and Parry Herbert will also join the team.
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The moves are the latest in a period of personnel upheaval in the energy market.
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The executive was head of wholesale and specialty at Aon’s Global Broking Centre.
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The flurry of London market PVT hiring continues.
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Darren Howlett was a member of Marsh’s relationship management executive leadership.
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