July 22, 2016 by Canadian Underwriter
Marsh Inc. announced Thursday that effective Sept. 1, Martin South is appointed president of the United States and Canada division of the commercial insurance brokerage.
South “will oversee Marsh’s US core brokerage, businesses in Canada, and portfolio of US businesses encompassing industries and practices,” Marsh stated in a release. Based in New York City, where Marsh is based, South will report to Marsh president John Doyle.
South “succeeds Rob Bentley, who has transitioned to work on strategic initiatives” in the risk and insurance services segment of Marsh’s parent company, Marsh & McLennan Companies Inc. That segment also includes Guy Carpenter & Company LLC, which places reinsurance and provides insurance-linked securities.
South was chief executive officer of Marsh’s Asia-Pacific region. Previous roles at Marsh include CEO of Marsh Europe and CEO of Marsh U.K. & Ireland.
South’s previous experience “also includes senior leadership roles at Zurich Financial Services, where he was a member of the Group Management Board, responsible for all of Zurich’s operations outside North America and Europe.”
Marsh has several offices in Canada, including Toronto, Vancouver, Calgary, Edmonton, Regina, Saskatoon, Winnipeg, London, Kitchener, Ottawa, Montreal, Halifax and St. John’s, Nfld. It places property, general liability, professional liability, employment practices liability, directors’ and officers’ liability and computer network security, among other lines of insurance. Marsh also provides data and analytical tools and helps clients structure and manage captives.
Marsh’s businesses in Asia-Pacific and the Middle East previously reported to South.
Those units “have been realigned into three regional units,” Marsh stated. Those units are Singapore-based Marsh Asia, Marsh Pacific (based in Sydney, Australia) and Marsh Middle East, based in Dubai, United Arab Emirates.
In addition to Singapore, Marsh Asia will serve China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Taiwan, Thailand and Vietnam.
Marsh Pacific will serve Australia, New Zealand, Papua New Guinea, and Fiji. In addition to the UAE, Marsh Middle East also has offices in Bahrain, Egypt, Oman, Qatar and Saudi Arabia.
David Jacob – previously CEO of Marsh Hong Kong and Marsh Philippines – succeeds South as CEO of Marsh Asia. Scott Leney continues in his role as CEO of Marsh Pacific and Stephen Lundin continues in his role as CEO of Marsh Middle East.