Marsh has appointed Will Thomas-Ferrand to a new role in its captive solutions practice and promoted Stephen Portelli to his previous position.
In the newly created role of strategy and operations leader in Europe, the Middle East and Africa (EMEA) and Asia Pacific, Thomas-Ferrand will work with practice leaders Ian Clancy and Chris Lay to develop consistent policies and platforms across Marsh’s captive solutions business.
Thomas-Ferrand has relocated to the UK from its captive’s solutions office in Malta, where he served as head of office since 2010.
Portelli will replace Thomas-Ferrand and will lead the Marsh captive solutions operations in Malta. Portelli will be supported by David Galea, deputy head of office.
Lay commented: “More and more companies are viewing their captive insurance programmes as strategically important corporate assets, as they raise the visibility of risk management costs and serve as an effective control tool."
“Thomas-Ferrand brings tremendous experience to this newly created role and I look forward to working with him to deliver innovative captive insurance programmes to our clients globally, regardless of their size, industry, or geography.”