Marsh Appoints Key Risk Management and Captive Leadership in Europe
February 07, 2024
Marsh has appointed Lorraine Stack as the new risk management leader, Europe, effective immediately. Ms. Stack, based in Dublin, will report to Christos Adamantiadis, CEO, and Carolina Klint, chief commercial officer, Marsh McLennan Europe.
In her new role, Ms. Stack will oversee Marsh's portfolio of major European clients, supporting them in managing their risk and insurance programs.
Ms. Stack brings over 30 years of experience in broking and underwriting to her new position. She has held various senior international roles within Marsh Captive Solutions and will continue to serve as the chair of Marsh Captive Solutions' Dublin captive management office. Ms. Stack succeeds Ms. Klint, who assumed the role of chief commercial officer, Marsh McLennan Europe, in 2023.
Simultaneously, Marsh announced the appointment of Rob Geraghty as the new international consulting and sales leader, Marsh Captive Solutions, and the promotion of Nick Gale to Dublin and Isle of Man captives operations leader, both effective immediately. Both report to Will Thomas-Ferrand, international captive practice leader.
In his role, Mr. Geraghty, based in London, will lead a team of sales and consulting professionals overseeing new business initiatives and captive consulting across the United Kingdom, Ireland, Europe, Middle East, Africa, and Asia Pacific.
As the Dublin and Isle of Man captives operations Leader, Mr. Gale will enhance collaboration between the two offices, focusing on developing complementary solutions and services that benefit Marsh Captive Solutions' clients.
Commenting on Ms. Stack's appointment, Mr. Adamantiadis said, "Lorraine is widely recognized and respected among her peers as one of the industry's foremost thinkers on risk and resilience, and how insurance can be used to create a competitive advantage."
Mr. Thomas-Ferrand added, "The growing popularity of captive insurance solutions globally is continuing apace amid challenging insurance market conditions, which is contributing to innovation in captive structures, servicing, regulation, and greater adoption in numerous countries. Rob and Nick's rich knowledge of the international captive insurance sector will be invaluable as Marsh Captive Solutions continues to develop new solutions that support our clients in managing their rapidly evolving risks."
Pictured above, from left, are Ms. Stack, Mr. Geraghty, and Mr. Gale. (Photos courtesy of Marsh.)
February 07, 2024