Marsh, a global re/insurance broker and risk management firm, has appointed Paul Denny as UK Financial and Professional Practice (FINPRO) Leader.
Denny will be responsible for managing Marsh’s UK management liability, financial services, professional liability and specie risk teams, and will report to Paul Moody, Chief Executive Officer (CEO) of Marsh’s UK Specialties Division.
Most recently, Denny served as Northeast U.S FINPRO Leader and U.S Errors & Omissions Leader at Marsh, working with professional service firms and financial institutions on their professional liability and cyber risk programmes.
Moody commented on the appointment: “UK business leaders are faced with an increasingly complex array of risks, as a result of issues such as hacking and data breaches, growing international regulatory collaboration and the impending roll-out of the Senior Managers Regime to almost all UK-regulated firms.
“Paul’s considerable experience will be invaluable to our UK clients, as we continue to invest in our UK Specialties business.”
Denny has been with Marsh since 1989, during which time he has held a number of senior roles at the firm’s London, Boston, Chicago, and New York offices.
Denny added: “The financial and reputational consequences of successful cyber attacks, increased regulation and the consequences of Brexit are just some of the major risks currently facing professional services firms and financial institutions in the UK.
“I am excited to return to London to lead the UK FINPRO Practice and enable Marsh’s clients to manage these risks more effectively.”