Both senior appointments and redundancies expected in coming months
Three former HSBC Insurance Brokers staff have left following the Marsh takeover.
Specie brokers Colin Hasler and Gary Stanley, and fine art broker Bob Diggory, have left Gibbs Hartley Cooper (GHC), the revived name of the specialty wholesale broking part of the business.
Meanwhile, financial and professional lines boss Julian Wallers has joined AJ Gallagher.
Diggory will move to reinsurance broker DMS, while Stanley and Hasler are heading for Lockton, Insurance Times understands.
Marsh has moved quickly to beef up its staff, however, recruiting Garry Taylor as property practice leader. He was head of property, energy and construction at Lockton.
Taylor said: “The GHC name is synonymous with the provision of expert, independent insurance broking advice and I am excited by – and share – the ambitions the senior team has for the business.
“I look forward to working with them and contributing to the company’s success.”
A Marsh spokesman said more senior appointments would follow in the coming months.
Marsh renamed the business Marsh Brokers Ltd (MBL) following its £130m takeover last year.
MBL is expected to make redundancies in the coming months, as it cuts down on duplication and inefficiencies.
Marsh chief executive Martin South has not ruled out further UK acquisitions once the HSBC deal is bedded in.