Marsh has appointed Paul Moody as CEO of its UK specialties division, succeeding Roy White who has been named chairman of UK specialties.
Effective January, Moody will be responsible for all of Marsh’s UK specialty businesses. He will also join Marsh’s UK & Ireland executive committee.
Moody joined Marsh in 1999 and since 2013 has served as head of Marsh’s UK financial and professional (FINPRO) practice. The broker is expected to announce Moody’s successor in due course.
Moody began his career at Lloyd’s broker Tozer Phillips which later, through acquisitions, became part of Marsh. In his 30-year international insurance broking career, Moody has held numerous leadership roles spanning healthcare, education, doctors’ liability, and captive reinsurance.
Meanwhile, White will assume the newly-created role of chairman of UK specialities, with his responsibilities including senior client and insurance market engagement as well as the leadership of projects focused on the experience of international clients serviced by Marsh’s UK specialty business. He will continue to serve as a director of Marsh and as a member of the UK & Ireland executive committee.
Both Moody and White will report to Dean Klisura, president of global placement and specialties, and Marsh UK & Ireland CEO Mark Weil.
Commenting on the appointments, Weil said: "Marsh’s local and multinational clients serviced by our UK Specialties Division face an increasingly complex range of interconnected risks,"
"Under Paul and Roy’s leadership, Marsh will continue to deliver the unmatched innovation our clients value."