Marsh Captive Solutions has confirmed that Shelby Weldon has joined as its new team leader and member of the senior management team.
In his new role, Weldon will be responsible for the captive management team and Marsh’s captive management and consulting services.
He will be based in Marsh’s Bermuda office and will report to office head Lawrence Bird.
Previously, Weldon served as the Bermuda Monetary Authority (BMA) director of licensing and authorisations.
He also worked as the director of compliance and deputy director of insurance supervision during his time at the BMA.
Bird commented: "We are delighted that Shelby Weldon has joined Marsh Captive Solutions. His time at the BMA brings to our clients a high profile captives practitioner with unparalleled knowledge and an innovative thinker and problem solver who will work on their behalf.”