Guy Carpenter, the reinsurance arm of global brokerage Marsh, has appointed Dean Klisura as its new President, effective October 1st, 2020.
Klisura will report to Guy Carpenter’s Chief Executive Officer (CEO), Peter Hearn, and will continue to be based in New York.
In this newly-created role, he takes responsibility for Guy Carpenter’s North America, International, Specialty, and Global Strategic Advisory units, and will also assist Hearn in leading the company’s overall strategy.
He joins the reinsurance broker after 27 years with Marsh, during which he held a range of senior roles. Most recently, he served as President of Global Placement and Advisory.
Commenting on the appointment, Hearn said: “Dean’s deep relationships with insurance carriers and his knowledge of our industry will serve Guy Carpenter well. His leadership of Marsh’s placement operations, especially during this challenging time for the insurance industry, will provide our team with critical insights as they develop innovative solutions to help our clients navigate this rapidly-changing market.”
On his new role, Klisura said: “At this time of significant market change insurance companies are looking for new ways to manage their risk portfolios and identify opportunities for growth. Building on the relationships I have forged with carriers over many years at Marsh, I look forward to working with Guy Carpenter’s outstanding leadership team and colleagues to deliver the data-driven, market-leading solutions our clients need.”
In light of the appointment, the firm has revealed that Lucy Clarke, President of Marsh JLT Specialty, will also take on the responsibility for Marsh’s Global Placement operations. Marsh Advisory will report to Flavio Piccolomini, President of Marsh International, and Martin South, President of Marsh US and Canada.
Marsh’s President and CEO, John Doyle, said: “I continue to be proud of the way Marsh and its colleagues around the world have risen to the challenge to help our clients this year. Under the leadership of Lucy, Flavio and Martin, we will build on the advantage and strength of our placement and advisory services for clients. All of us at Marsh wish Dean well in his new role.”
