Global insurance and reinsurance broker Marsh has appointed Tom Colraine as a Non-Executive independent member of its Board of Directors.
Colraine has held many senior positions in the re/insurance sector throughout his career, including as Chief Operating Officer (COO) and Chief Financial Officer (CFO) of AIG Europe from 2009-2014.
He also served as Non-Executive Director and Chairman of AIG’s Audit Committee between 2007 and 2009, before which he spent 20 years at Will Group Holdings in positions such as CFO, Vice Chairman, and Co-COO.
“I am delighted that Tom has agreed to join the board of Marsh Ltd,” said Chris Lay, Chief Executive Officer (CEO), Marsh UK & Ireland.
“His exceptional industry experience, coupled with an in-depth understanding of the international risk landscape, will be of great benefit to Marsh, our colleagues, and our clients as we grow our business across the UK and Ireland,” Lay continued.
Jane Barker, Chairman of Marsh Ltd, also stated: “Tom’s extensive expertise, together with his familiarity of the regulatory environment, will significantly enhance our strategic decision making and planning as we develop our strategy for growth.”
Colraine added: “Marsh has a tremendous reputation for delivering innovative solutions that help their clients mitigate their risks, protect their businesses, and continue to be successful – regardless of their size or sector. I look forward to working closely with Marsh’s senior leadership team, as they continue to develop their business across the UK and Ireland.”