Broker appoints former JLT head

Marsh has announced the appointment of Martin Stubbs as a senior vice president for Construction Professional Indemnity (PI) within its Financial and Professional Services (FINPRO) Practice in London.

Stubbs has over 20 years’ experience in construction PI and joins Marsh from Jardine Lloyd Thompson, where he led the design and construction PI facility.

Roy White, FINPRO Practice leader, said: “The economic boom in territories such as the Middle East, China and its neighbouring countries is fuelling rapid growth in the construction industry, which in turn brings increased risk exposures for the sector.

"Martin will focus on delivering value to our clients and growing our market share in Construction PI in the UK and internationally.”

Jon Marsh, Construction Practice leader at Marsh added: “Marsh provides insurance and risk advice on some of the largest construction projects in the world and is increasing its presence in the sector. Martin’s skills and experience will complement and enhance our ability to offer the quality of services our clients demand.”