Chris Lay Appointed President and CEO of Marsh Canada
May 10 2016 - 10:34AM
Business Wire
Alan Garner Assumes Role of Chairman
Marsh, a leading insurance broker and risk advisor, and a
wholly-owned subsidiary of Marsh & McLennan Companies, Inc.
(NYSE:MMC), today announced the appointment of Chris Lay as
President and CEO of Marsh Canada, reporting to Robert Bentley,
President of Marsh US and Canada. Mr. Lay will be based in Marsh
Canada’s Toronto office, and assumes full responsibility for Marsh
Canada’s operations. In this role, Mr. Lay will focus on driving
client value by delivering Marsh’s world-class risk advisory and
strategic services to the firm’s growing client base in Canada.
Mr. Lay brings over 30 years of leadership experience to the
role, most recently as President of Marsh’s Global Captives
business. He has held several senior roles at the firm including as
Head of Global Sales, CEO of Marsh’s UK and Europe, Middle East and
Africa (EMEA) Corporate business and Deputy CEO of its UK Retail
business. Mr. Lay succeeds Alan Garner who takes on the role of
Chairman, Marsh Canada, effective July 1, 2016. In his new role,
Mr. Garner will also report to Mr. Bentley.
As Chairman, Mr. Garner will focus on deepening Marsh’s
engagement with clients, prospects and insurers in Canada. He will
also serve as Marsh & McLennan Companies’ (MMC) Country
Corporate Officer for Canada with responsibility for coordinating
strategic initiatives across all of MMC’s operating companies
including Guy Carpenter, Mercer and Oliver Wyman.
Commenting on these appointments, Mr. Bentley said: “Chris’
experience across a wide range of risk and insurance businesses
makes him an outstanding choice to lead our Canadian operations.
Chris will continue to strengthen our relationships with our
clients as their trusted risk advisor.”
Mr. Lay added: “Our reputation in Canada has been forged by a
sustained commitment to excellence from our colleagues there and
the continuity and experience of our leadership team. I look
forward to working with them to deliver the innovation and superior
value that our clients have come to expect.”
“I look forward to working with Chris to continue to grow Marsh
Canada across all sectors, from coast to coast,” said Mr.
Garner.
About Marsh
Marsh is a global leader in insurance broking and risk
management. Marsh helps clients succeed by defining, designing, and
delivering innovative industry-specific solutions that help them
effectively manage risk. Marsh’s approximately 30,000 colleagues
work together to serve clients in more than 130 countries. Marsh is
a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), a global professional services firm offering clients advice
and solutions in the areas of risk, strategy, and people. With
annual revenue of US$13 billion and approximately 60,000 colleagues
worldwide, Marsh & McLennan Companies is also the parent
company of Guy Carpenter, a leader in providing risk and
reinsurance intermediary services; Mercer, a leader in talent,
health, retirement, and investment consulting; and Oliver Wyman, a
leader in management consulting. Follow Marsh on Twitter,
@MarshGlobal; LinkedIn; Facebook; and YouTube.
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version on businesswire.com: http://www.businesswire.com/news/home/20160510006323/en/
MarshColleen Vecsi, +1-416-868-7235colleen.vecsi@marsh.com
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