Effective 1 January 2025, Fraser will report to Flavio Piccolomini, CEO, Marsh McLennan International, and continue to be based in London.
Alistair Brighton will succeed Fraser as CEO, Corporate & Commercial UK. Also effective 1 January, 2025 and subject to regulatory approval, Mr. Brighton will report to Chris Lay, CEO, Marsh McLennan UK and continue to be a member of Marsh’s UK Executive Committee.
As International Corporate & Commercial Leader, Fraser will focus on developing Marsh’s services and solutions for small and mid-market organisations across International, which includes Asia, Europe, India, Middle East and Africa, Latin America and the Caribbean, Pacific, and the UK. He will also work closely with leaders across Marsh McLennan to deliver tailored health and workplace benefits solutions according to client size, industry specialism and geographical reach.
Fraser joined Marsh in 2007 and brings over 25 years of experience to his new role. He has led Marsh’s Corporate business in the UK since 2018 and assumed responsibility for Marsh Commercial in 2022. Previously Mr. Fraser held senior leaderships positions in the UK, Singapore, and Indonesia.
As CEO of Corporate & Commercial UK, Brighton will have overall responsibility for Marsh’s small and mid-market clients across the UK. Specialising in the risk and insurance needs of organisations within this segment, Brighton has over 20 years of experience in development and leadership roles, beginning his career at Marsh in 2004. He is currently UK Sales Leader for Marsh, a position he has held since January 2022.
Piccolomini said: “Small and mid-market clients currently face complex and increasingly interconnected risk exposures stemming from global volatility, including supply chain disruption, access to capital and cashflow, and talent retention. Alistair’s international experience and deep industry knowledge will be crucial as we work to enhance our services for our Corporate & Commercial clients across international markets.”
Lay added: “Alistair Brighton’s leadership in the UK insurance market and commitment to client service and innovation make him a natural choice to lead UK Corporate & Commercial, as we continue to help our clients tackle the unique challenges they face and capitalise on future opportunities.”