Reinsurance broker Guy Carpenter has appointed Paul Moody from sister brokerage Marsh as its new UK CEO, with Dominic Samengo-Turner set to replace him as CEO, Marsh Specialty, UK & Ireland. Meanwhile Toby Wemyss has been hired from Willis Towers Watson as Global Head of Facultative Reinsurance, Guy Carpenter.
The changes come as sister companies Marsh and Guy Carpenter juggle their senior leadership a little.
Paul Moody had worked at Marsh for 22 years, most recently as its CEO, Marsh Specialty, UK & Ireland since 2018, in which he has led successful strategic growth initiatives in the UK financial lines and specialty divisions.
Moody now becomes UK CEO, Guy Carpenter, from September 1st 2021, subject to regulatory approval and will be based in London, reporting to Dean Klisura, President, Guy Carpenter.
He will take on responsibility for Guy Carpenter’s UK property and casualty reinsurance broking business.
Replacing Moody, Dominic Samengo-Turner is appointed CEO, Marsh Specialty, UK & Ireland, effective September 1st,
Samengo-Turner will also be based in London and will report to Chris Lay, CEO, Marsh, UK & Ireland, and Lucy Clarke, President of Marsh Specialty and Global Placement.
He is currently the Global Head of Facultative Reinsurance at Guy Carpenter and previously served as Head of Marsh Specialty, Asia, following Marsh’s acquisition of JLT.
Samengo-Turner has over 35 years’ experience in global and specialty markets, with 23 spent at Willis Towers Watson in several leadership roles before joining JLT in 2015.
Finally, Toby Wemyss takes on the role of Global Head of Facultative Reinsurance, Guy Carpenter and will report to Moody.
Wemyss is expected to join the broker in the fourth quarter of 2021 and will be based in London, coming from Willis Towers Watson, where he has been Global Head of Facultative for the last four years.
Wemyss has also been Regional CEO of Central & Eastern Europe, Middle East and Africa and CEO of Global Markets, International for Willis Towers Watson.
Klisura commented on the appointments, “We’re delighted that Paul and Toby are joining Guy Carpenter. Both have extensive track records in leading successful teams that consistently deliver client-focused solutions. In these key leadership positions, their experience and market insight will be invaluable to Guy Carpenter’s continued growth. I would also like to thank Dominic for his service and wish him every success at Marsh.”
Clarke added, “Dominic is an exceptional leader who brings extensive experience in the global specialty markets to Marsh Specialty. Under his guidance, we will continue to pursue transformational solutions for our clients in a challenging market. These changes reflect the deep bench of talent we have available across Marsh McLennan and our ability to place strong leaders from within as well as attract industry-leading talent to the firm.
On behalf of all of us, I would like to thank Paul for his outstanding contribution to Marsh Specialty, and wish him every success in his new role at Guy Carpenter.”
Lay stated, “I am looking forward to working with Dominic to bring the deep specialty capabilities that make us well positioned to address the future risks our clients face. Dominic’s experience will be invaluable as we develop the solutions that enable us to meet our clients’ ever-changing needs and unlock their growth possibilities. I would like to thank Paul for his leadership at Marsh, and welcome our continued collaboration in his new role.”