Matt Latham joins Marsh as UK alternative risk transfer leader
Matthew Latham has been appointed as alternative risk transfer leader, UK and Ireland at Marsh. He was previously head of global programmes and captives at AXA XL.
In his new role, Latham will advise clients on risk-finance optimisation with a focus on alternative solutions including structured reinsurance, legacy transactions and other bespoke insurance options.
Marsh said that as part of its UK financial solutions group, Latham will advise clients and colleagues in managing unusual or complex risks and insurance structures. The broker added that he will also play a key role in product innovation, particularly in the areas of complex programme design relating to captives, climate and sustainability, and parametric solutions.
Latham will work closely with Ryan Bond, head of climate and sustainability insurance innovation, and Tom Markovic in Marsh’s parametric solutions centre of excellence. Latham will be based in London and report to Charlie Netherton, head of advisory services and strategy, UK and Ireland, Marsh.
Netherton said: “The Covid-19 pandemic has exposed significant gaps in operational resilience. As we move towards recovery, the insurance industry has a crucial role to play in developing new, alternative solutions that help organisations build stronger defences to future shocks. Matthew is a highly respected professional in the area of alternative risk transfer and has a strong reputation in developing leading market solutions that benefit clients in managing their most complex risks. We welcome him to Marsh and look forward to working with him in this important part of the business.”
Latham added: “Challenging conditions in the conventional insurance market and an evolving corporate risk landscape are fuelling the need for alternative risk solutions in critical areas such as supply chain, weather and reputation risk. Marsh has been at the forefront in driving market innovation around alternative risk transfer; I am excited to join the firm and support our clients in managing these risks.”
