Marsh has announced that vice-chairman of Marsh Inc., Dan Jones, will leave the company at the end of the year. Marsh said he had decided to resign "for personal family reasons".

He will officially leave on December 31, 2003. Until that date he will work on Marsh Europe/Middle East operations and strategic planning. From 2004 he will continue as a senior adviser to Ray Groves, the president and chief executive officer of Marsh Inc.

Marsh said Jones will also move his family to Phoenix in the US from London during the second half of this year.