Marsh today announces the appointment of Rawden Leigh as a Vice President within the Financial Services Division of its Financial and Professional (FINPRO) Practice. Based in London, Mr Leigh is responsible for developing and delivering Marsh’s insurance and risk services for alternative asset managers and hedge fund clients across the UK and continental Europe.
Reporting to Siobhan O’Brien, Head of FINPRO’s Financial Services Division, Mr Leigh joins Marsh from Lockton, where he was the lead client manager in the alternative asset team.
Ms O’Brien said: “Increasingly stringent regulation is creating a new risk landscape for asset management and hedge fund clients globally. Rawden brings extensive experience in advising firms on the complex range of risks they now face, including their management liability and directors and officers exposures.”
Commenting on his new role, Mr Leigh said: “Alternative asset managers and hedge fund managers are allocating ever-increasing levels of resource to keep pace with a plethora of new regulation. This, coupled with new investor reporting and transparency demands, has necessitated rapid and potentially costly operational change as firms strive to remain at the top of their game.
“Risk management and insurance have a critical role to play in supporting operational change and controlling costs during periods of uncertainty. I’m very excited about working within a truly client focused environment at Marsh, where innovation and service excellence provide ‘real economy’ solutions to clients within the alternative asset and hedge fund communities.”
Marsh’s global FINPRO Practice provides risk management and insurance advisory services to than 2,500 financial institutions clients worldwide, including leading global banks, FTSE 250 companies and private equity firms.
Marsh is a global leader in insurance broking and risk management. We help clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. We have approximately 27,000 colleagues working together to serve clients in more than 100 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 human capital. With more than 54,000 employees worldwide and approximately $12 billion in annual revenue,