Marsh has appointed Stephanie Pestorich Manson as Chief Client Officer for Management Liability and Head of Directors’ & Officers’ (D&O) Product and Jason Mills as Wholesale Leader in the UK Financial & Professional (FINPRO) Practice, both within Marsh JLT Specialty.
Both roles are newly created, with Manson and Mills set to take up their positions later this year and in Q1 2020, respectively.
Manson joins Marsh JLT Specialty from AIG, where she leads the management liability team as Head of Commercial Institutions in the UK.
Prior to this, Manson worked at Aon from 2009-2015 in various roles, including as EMEA D&O Product Leader, before which she was a lawyer in private practice in Washington, D.C., specialising in insurance coverage disputes.
In her new role, she will oversee the development of Marsh JLT Specialty’s management liability and D&O solutions within the UK FINPRO Practice and advise Marsh’s clients on their management liability risk and insurance programmes.
Based in London, Manson will report to Beth Thurston, Head of Management Liability, UK FINPRO Practice, Marsh JLT Specialty.
Mills, meanwhile, joins Marsh JLT Specialty from Aon, where he has been Executive Director of the Financial & Professional Services Group (F&PSG) for the past 11 years, leading the UK and International Financial Services Group teams in Aon’s London Global Broking Centre.
He was also the Financial Institutions Industry Group Leader for Aon in EMEA and a member of the F&PSG Global Leadership Group, and was previously employed by Marsh as a Senior Vice President in the UK FINPRO Practice from 2002-2008.
Going forward, Mills will lead the development of the UK FINPRO Practice’s wholesale business, which focuses on large or complex financial and professional risks that are placed in Lloyd’s and the wider international insurance market.
He will report to Paul Denny, CEO, UK FINPRO Practice, Marsh JLT Specialty.
Commenting on the appointments, Denny said: “Stephanie is one of the most respected D&O leaders in the London market and is a leading expert on management liability risk. Her technical expertise and client insight are second to none. She will play a key role in developing Marsh’s management liability capabilities.”
“We’re also delighted to welcome Jason back to the firm to drive our wholesale placement proposition in the UK FINPRO Practice,” Denny continued.
“His incisive understanding of the market, together with his extensive experience in financial lines and international placement, will be vital as we develop our wholesale solutions for financial lines.”
Paul Moody, UK CEO for Marsh JLT Specialty, also commented: “As the world’s leading broker and risk adviser, Marsh offers exciting and fulfilling career opportunities for the brightest industry talent that are capable of delivering the services and solutions clients require to be more successful.”