Groves to Lead Marsh’s Europe, Mideast, Africa Captive Consulting

Marsh has appointed Jonathan Groves as Leader of its Captive Consulting Practice for Europe, Middle East and Africa (EMEA). He will be based in London, and will have overall responsibility for new business, team management and the development of captive consulting services across the region.

Groves joined Marsh in May 2006 as Leader of the UK Captive Consulting Practice, which provides consulting services covering all aspects of captive insurance companies, such as feasibility studies and strategic reviews, as well as general advisory work with both clients and colleagues. The practice also works with clients to identify the options available to migrate captives, domicile issues and the implications of captives in merger and acquisition activity.

Marsh noted that “Groves has over 15 years of experience in the sector, and previously worked for ACE Risk Management International, where he was a Development Manager with responsibility for new business fronting growth in the UK and continental Europe.

George Davies, EMEA Leader of Marsh’s Risk Consulting Practice, indicated that Groves promotion marked a move to “build on our leading advisory position in the UK, France and captive domiciles such as Malta, into other European countries.” He added that Groves’ “leadership and success in the UK captive consulting team has demonstrated his ability and the value he can add to the entire region.”

Groves indicated that “an increasing number of companies examine new and existing self-insurance mechanisms, Marsh’s leading position in European domiciles makes us well positioned to give companies a clear view of their many captive options.” He also said he’s looking forward to his new role.

Source: Marsh (UK) – www.marsh.com