Saturday, June 15, 2024

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Bermuda, Islands and US leadership reshuffle at Marsh Captive Solutions

Marsh’s Julie Boucher has relocated to South Carolina and taken on the new role of US captive chief client officer, while Michelle Sivanayson has moved to Bermuda to succeed Boucher as islands practice leader.

Boucher has worked more than 35 years in captives at Marsh, first within the broker’s US captive group before relocating to Bermuda in 2018 to become the first islands practice leader. The Islands role brought the Bermuda, Cayman Islands and Barbados offices together into one region.

Boucher will continue to report into Ellen Charnley, president of Marsh Captive Solutions.

Sivanayson has 20 years of captive experience and began her captive career in Bermuda.



She moved to Halifax, Nova Scotia to help establish Marsh’s Captive Operations Group (COG), which she assumed leadership of in 2017, responsible for more than 150 colleagues in Canada and India, providing operational support to captive clients around the world.

Laurie Marshe, with Marsh Captive Solutions since 2008, succeeds Sivanayson as COG leader, based in Halifax.

Mike Parrish, previously Bermuda client services leader, has moved into a new role supporting European captive clients, and has been succeeded by Tanja Korff.

Korff will report into Sivanayson and will be responsible for delivering Marsh’s captive capabilities and advice to clients in Bermuda.

Korff joined Marsh Captive Solutions in 2006 and most recently lead client service teams in the United States out of Columbus, Ohio.

There is a newly created role for Chris Varin who has been appointed chief digital officer.

Varin has had a 32-year career at Marsh Captive Solutions and was most recently US practice leader.

He will continue to report directly into Charnley and is now responsible for leading the digital transformation of the Marsh captive business by leveraging technologies and platforms to drive growth, improve efficiency and enhance client experience.

Ed Precourt has been promoted to US client services leader and is responsible for leading all aspects of the client operations across the US.

He has worked more than 30 years with Marsh Captive Solutions and was previously deputy US practice leader.