Gordon Springett will lead brokers Power and Utility Practice

Marsh has appointed Gordon Springett as Leader of its Power and Utility Practice for Europe, Middle East and Africa (EMEA).

Springett succeeds Mark Pollard, who was recently appointed Head of Industry, EMEA.

Marsh’s Power and Utility Practice serves the electric, gas, and water industry and provides risk solutions geared towards the sector’s unique financial, regulatory, and operating environments.

Before joining Marsh in 1990 via Sedgwick, Springett was Risk and Insurance Manager of UK Central Electricity Generating Board and during his career has worked across all areas of the power business.

Mark Pollard, head of industry for EMEA at Marsh, said: “The risk focus for power companies used to be primarily around equipment usage and performance.

"Now, firms are concerned about such risk issues as climate change, carbon emissions, power prices and fuel availability.

"This leads to an unprecedented range of opportunities for Marsh, and I’m very pleased that Gordon will lead our efforts to realise this potential.”

Springett added: “The value Marsh can bring to our power and utilities clients and prospects by fundamentally understanding their businesses is increasing rapidly as new risks emerge.

Thought leadership and effective ways of distributing the knowledge and skills across our network are key.

"I’m delighted to accept this opportunity and look forward to working with our network of EMEA power professionals to unlock even more value for our clients and prospects.”