Chris Lay Appointed President and CEO of Marsh Canada
TORONTO | May 10, 2016
Alan Garner Assumes Role of Chairman
Marsh, a leading insurance broker and risk advisor, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE:MMC), today announced the appointment of Chris Lay as President and CEO of Marsh Canada, reporting to Robert Bentley, President of Marsh US and Canada. Mr. Lay will be based in Marsh Canada’s Toronto office, and assumes full responsibility for Marsh Canada’s operations. In this role, Mr. Lay will focus on driving client value by delivering Marsh’s world-class risk advisory and strategic services to the firm’s growing client base in Canada.
Mr. Lay brings over 30 years of leadership experience to the role, most recently as President of Marsh’s Global Captives business. He has held several senior roles at the firm including as Head of Global Sales, CEO of Marsh’s UK and Europe, Middle East and Africa (EMEA) Corporate business and Deputy CEO of its UK Retail business. Mr. Lay succeeds Alan Garner who takes on the role of Chairman, Marsh Canada, effective July 1, 2016. In his new role, Mr. Garner will also report to Mr. Bentley.
As Chairman, Mr. Garner will focus on deepening Marsh’s engagement with clients, prospects and insurers in Canada. He will also serve as Marsh & McLennan Companies’ (MMC) Country Corporate Officer for Canada with responsibility for coordinating strategic initiatives across all of MMC’s operating companies including Guy Carpenter, Mercer and Oliver Wyman.
Commenting on these appointments, Mr. Bentley said: “Chris’ experience across a wide range of risk and insurance businesses makes him an outstanding choice to lead our Canadian operations. Chris will continue to strengthen our relationships with our clients as their trusted risk advisor.”
Mr. Lay added: “Our reputation in Canada has been forged by a sustained commitment to excellence from our colleagues there and the continuity and experience of our leadership team. I look forward to working with them to deliver the innovation and superior value that our clients have come to expect.”
“I look forward to working with Chris to continue to grow Marsh Canada across all sectors, from coast to coast,” said Mr. Garner.
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.