Marsh to form Marsh-JLT Specialty post-JLT acquisition

Dominic Burke, currently CEO of JLT Group, will be the chairman of the newly-formed business Marsh-JLT Specialty, with Lucy Clarke, currently CEO of JLT Specialty, as President, Marsh-JLT Specialty. Meanwhile, Mark Drummond Brady has been named vice chairman at Marsh and Dean Klisura has been named president, Marsh Global Placement

John Doyle, President and CEO of Marsh said that “while our brand is Marsh, Marsh-JLT Specialty will leverage the exceptional reputations of both firms’ specialty units with clients that require specialized products and services.”

In her London-based role Clarke will be directly responsible for Marsh-JLT Specialty’s Energy, Credit, Marine, Financial and Professional, Private Equity and M&A (PEMA), Construction, and Aerospace business worldwide. She will become a member of the Marsh Executive Committee.

Drummond Brady, currently Deputy Group CEO of JLT Group, will become Vice Chairman of Marsh, reporting to Mr Doyle. He will continue to be located in London and will become a member of the Marsh Executive Committee.