Chester replaces Bacon
Marsh has appointed Andrew Chester as chief executive of its specialist international placement broking division Bowring Marsh.
Chester, who will retain his responsibilities as chairman of Marsh’s global mining practice, will take up his new role on 1 October and continue to be based in London.
He will replace Nick Bacon, who is leaving to pursue other opportunities following a 26-year career at the firm.
Marsh’s international division president David Batchelor said: “Andrew is extremely well qualified for this role, having worked in the London and international insurance market for more than 25 years, almost all of which have been at Marsh. As head of Bowring Marsh’s operations in the UK and Ireland over the past three years, he has been closely involved in developing our offering to clients around the world.
“As someone who has worked with some of the world’s largest multinational companies to develop and execute complex and detailed risk transfer strategies, he is ideally suited to take Bowring Marsh to the next stage in its development. I would like to thank Nick Bacon for his superb contribution to Marsh over many years.
“As chief executive of Bowring Marsh, he has overseen its expansion to encompass Bermuda, Dubai, Dublin, London, Hong Kong, Madrid, Miami, Sao Paulo, Singapore, Tokyo, Zurich, Beijing and Shanghai. This has given us a strong platform to access capacity directly in every major global insurance hub on behalf of clients.”
Chester said: “I am excited by the opportunity to lead the excellent team at Bowring Marsh. With the number of companies seeking foreign growth opportunities continuing to rise, demand is growing for insurance capacity that can meet a firm’s particular needs wherever in the world it is located.
“I know that all our colleagues worldwide are committed to delivering the innovative and nimble service these global organisations need to grow their businesses and thrive and I am proud to be leading them as we continue to enhance our offering.”
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