Protean Risk puts together team to serve companies in the fintech and payment services arena.

A specialist insurance broker has appointed Marsh’s former client executive as its new director.

Tristan Sargeaunt will spearhead Protean Risk’s development in insurance solutions for the firms in the fintech and payment services arena.

The news follows Marsh’s announcement that it will develop a professional indemnity (PI) solution for mid-sized law firms in England and Wales.

Sargeaunt joins with over ten years of client servicing experience, having previously worked as client executive for global re/insurance broker, Marsh.

Tristan S resized again

Tristan Sargeaunt, director of Protean Risk 

Protean Risk also appointed another ex-Marsh staffer, Luke Chesworth as senior account manager.

In June, AON Risk Solutions recruited Marsh’s former managing director Richard Moxon as its head of claims. He has since been promoted to managing director.

Nathan Sewell, chief executive of Protean Risk said “Tristan brings a wealth of experience and will further enhance our capabilities as a leading insurance specialist in the Fintech space.”

He added: “Tristan and Luke joining our team also demonstrates our ability to attract the best talent in the industry to better serve our clients.

“We have already launched a revolutionary product this year in PSD Bond and we want to continue to challenge the status quo, by providing our clients with access to innovative insurance solutions that are the best fit for them through our highly experienced team.”

Launched in 2008, London-based Protean Risk is a Lloyd’s broker that provides specialist insurance broking services to firms in the investment industry.