Reinsurance News

Philip Turner appointed UK Head of Specie, Marsh JLT Specialty

24th January 2020 - Author: Luke Gallin -

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Global re/insurance brokerage Marsh has announced that Philip Turner has rejoined the company as UK Head of Specie within Marsh JLT Specialty, based in London.

MarshTurner brings more than four decades of experience to the role, and is expected to join the firm in the first-quarter of 2020.

Previously, Turner served as the lead of Marsh’s Specie Practice from 1997 to 2015, where he spearheaded the development of solutions in the areas of kidnap and ransom, cash in transit, and product recall.

Most recently, he worked at Pioneer Underwriting as a Specie Underwriter, and before this served for four years as Head of Specie at Canopius.

Paul Moody, UK Chief Executive Officer (CEO), Marsh JLT Specialty, commented: “We’re delighted to welcome Philip back to Marsh; his experience in the highly specialist specie insurance market – both as an underwriter and broker – is second to none.

“Clients and colleagues will benefit significantly from Philip’s knowledge as we continue to develop services and solutions that provide firms with the protection they require to operate successfully in this fast-paced sector.”

Turner added: “The specie insurance market is one of the most dynamic parts of the industry and is at a pivotal point in its development with the emergence of new technologies such as cryptocurrency and AI-generated art. Marsh is the UK’s leading specie insurance broker and I’m very much looking forward to my return.”