Marsh’s London office announced that it has appointed Martyn Denney to the newly-created role of Networks Leader. He will be responsible for the strategic development and positioning of Marsh’s broker network propositions in the UK. “These include Marsh ProBroker and the Intermediary Markets Division (IMD), formerly part of HSBC Insurance Brokers and which includes both its Labyrinth and Spectrum offerings,” said the bulletin.
Denney will report to Julie Page, Head of Marsh’s Commercial Practice. Marsh has also appointed Elizabeth Mills to the newly created role of Networks Service and Operations Leader.
Denney was previously a Managing Director of Towergate’s Broker Network Insurance Brokers; Mills was previously Group Business Services Director of Towergate’s Broker Network. Both played prominent roles in setting the strategic business direction and the growth and financial success of those businesses.
Page commented: “The acquisition of HSBC Insurance Brokers has given Marsh a great opportunity to further develop and grow its network offering. Marsh’s compelling networks proposition now provides a range of opportunities for brokers to enhance their revenue for existing business streams as well as giving them access to new products that can deliver growth in revenues and profit.”
She also noted the two leaders “wealth of expertise and experience,” which she explained would “extend our capability, accelerate our plans and guide Marsh’s strategy for UK independent broker solutions. They will work closely with Richard Harrison and Bruce Fertnig, as heads of IMD and Marsh ProBroker respectively, on their plans to develop their businesses. I’m delighted to welcome them both to Marsh.”
Denney pointed out that “Marsh has an extremely compelling proposition for independent brokers, which is unparalleled in the marketplace, in terms of product superiority and insurer service delivery. The strength of the Marsh brand is also a powerful selling point for independent brokers. I look forward to developing new opportunities that will enable brokers to boost their revenue and provide them with the tools they need to gain a stronger competitive edge in the longer-term.”
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