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Press release

Philip Turner Rejoins Marsh to Lead UK Specie Business

24 January 2020

Marsh, the world's leading insurance broker and risk adviser, today announced the appointment of Philip Turner as UK Head of Specie within Marsh JLT Specialty. Based in London, Mr Turner is expected to join the business in the first quarter of 2020.

With over 40 years' specialist experience, Mr Turner is one of the industry's foremost experts in the placement of commercial insurance for fine art, jewellery, precious metals, cash in transit, investor protection, and digital assets. Most recently, Mr Turner was Specie Underwriter at Pioneer Underwriting and was previously Head of Specie at insurer Canopius for four years. Mr Turner had led Marsh's highly successful Specie Practice from 1997 to 2015, and spearheaded the development of market-leading solutions in the areas of kidnap and ransom, cash in transit, and product recall.

Commenting on Mr Turner's appointment, Paul Moody, UK CEO, Marsh JLT Specialty, said: "We're delighted to welcome Philip back to Marsh; his experience in the highly specialist specie insurance market – both as an underwriter and broker – is second to none. Clients and colleagues will benefit significantly from Philip’s knowledge as we continue to develop services and solutions that provide firms with the protection they require to operate successfully in this fast-paced sector."

Mr Turner added: "The specie insurance market is one of the most dynamic parts of the industry and is at a pivotal point in its development with the emergence of new technologies such as cryptocurrency and AI-generated art. Marsh is the UK's leading specie insurance broker and I'm very much looking forward to my return."

About Marsh

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: MarshGuy CarpenterMercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

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