Marsh McLennan Agency (MMA) has appointed Derek Martisus and Adam Forstot to its Captive Center of Excellence, where they will work closely with the Marsh Captive Solutions group.
Martisus (pictured) joins the centre from the group, where he previously served as US small captives sales leader, in the newly-created role of single-parent captive consulting leader.
Based in Burlington, Vermont, he will report to Steve Norton, chairman of MMA’s Captive Center of Excellence, and will be responsible for advising US clients on development strategies and use of single-parent captive structures.
Forstot joins the centre as senior vice president, where he will assume responsibility for helping clients to navigate the group captive selection process, as well as develop group captive structures for industries facing difficult market conditions.
He joins MMA from Artex, where he previously held the role of vice president of business development.
Norton comments: “More organisations are turning to group and single-parent captive insurance companies for protection and financial flexibility in response to the increasingly difficult risk and insurance landscape. With the additions of Derek and Adam, MMA is better positioned to provide enhanced advice, services and resources to our clients.”
