Marsh & McLennan has announced the appointment of Michael Sevi as General Counsel and Chief Compliance Officer of its reinsurance broking subsidiary, Guy Carpenter.
Sevi will succeed Michael Borik, who has served as General Counsel of Guy Carpenter for the past four years.
Going forward, Borik will move into a joint business and legal role as Managing Director and Chief Counsel of Guy Carpenter’s Global Capital Solutions Group.
Sevi joined Marsh & McLennan in 2014 as a Senior Compliance Officer for Marsh, and has since held several roles of increasing responsibility.
Most recently, he served as Chief Compliance Officer of Guy Carpenter and Deputy Chief Compliance Officer of Marsh & McLennan.
In his new role, Sevi will report to Peter Hearn, President and CEO of Guy Carpenter, and Peter J. Beshar, Executive Vice President and General Counsel of Marsh & McLennan.
He will also serve on both the Executive Committee of Guy Carpenter and the Senior Leadership Team of the Legal, Compliance and Public Affairs Department.
“Michael’s knowledge of the reinsurance industry, public and private sector experience and track record of delving into our most complex issues make him the ideal legal and compliance leader for Guy Carpenter,” said Hearn.
Prior to joining Marsh & McLennan, Sevi was a litigation associate at law firms Hogan Lovells and DLA Piper.
He also worked as the Director of Cabinet Affairs for Governor Rick Scott of Florida, serving as the Governor’s senior policy adviser on insurance, financial regulation and taxation.
