Reinsurance News

Marsh promotes Desmond to lead UK & Ireland Construction Industry

1st June 2021 - Author: Katie Baker

Insurance broker Marsh has appointed Andy Desmond as UK & Ireland Construction Industry Leader.

marsh-logoIn this role, Desmond will support Marsh’s construction clients by bringing together the construction sector, technical, placement and risk management specialists from across Marsh UK’s national and London-based specialty businesses.

Throughout his 25-year career, he has practiced as both broker and as a client buyer, notably as the Insurance Manager at Kier Group.

Since moving to Marsh over a year ago to lead the UK Business Development Team, Desmond has focused on contractor, owner and developers business.

He will report to Scot Peachey, CEO of the UK Construction, Infrastructure & Surety Practice at Marsh Specialty and Charles Beresford-Davies, Head of Industries, UK & Ireland.


Beresford-Davies commented: “The UK construction industry faced a host of setbacks over the past year including the demands of remote working and the economic consequences of multiple national lockdowns.

“With ongoing budget challenges and heightened underwriting scrutiny, clients will need more support than ever to reach completion of their projects. I am confident that Andy will leverage his expertise in the sector to help clients mitigate the risks they now face.”

Desmond added: “Construction companies face complex and varied risks as the industry adapts to evolving challenges and opportunities such as the use of new materials and methods, digitisation, the impact of climate change and ESG and the threats posed by cyber-attacks.

“While the construction industry generally adapts well to change, the risk landscape over the last 12 months has undergone significant transformation, not least due to the impact of the COVID-19 pandemic. I look forward to working with the team to help construction projects across the UK manage their risks effectively and enable them to succeed.”

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