Paul Marquand is set to succeed Ian Drillot as head of the Guernsey office for Marsh Management Services, effective 1 July.
Marquand has worked for Marsh in Guernsey since 2002 and has previously been a director and senior vice president of the office.
Drillot is stepping down from the head of office role, but will remain with Marsh in Guernsey.
In his new role Marquand will report to William Thomas-Ferrand, international captive practice leader at Marsh Captive Solutions.
“Paul has been with the Guernsey office for 22 years and I am delighted he has taken on this leadership role,” Thomas-Ferrand told Captive Intelligence.
“Guernsey is one of the most established captive domiciles with a sophisticated market and we have such a strong team here with leadership that has created a great environment.”
Thomas-Ferrand was speaking to Captive Intelligence at the Airmic and GIIA Guernsey Conference 2024.
“Guernsey has got a vast amount of experience and knowledge and it is such an establishment at the heart of our global captive industry,” he added.