James Addington-Smith to become Marsh UK CEO in early 2026

Core Insights - Marsh has appointed James Addington-Smith as the new CEO of Marsh UK, pending regulatory approval, with an expected start date in early 2026 [1][2] - Addington-Smith will succeed Chris Lay, who is retiring after over 40 years with the company [1][2] - The appointment of a new Marsh McLennan UK CEO will be announced later [2] Leadership and Responsibilities - Addington-Smith will report to Flavio Piccolomini, CEO of Marsh McLennan International, and will oversee Marsh's commercial activities in the UK [2][3] - His responsibilities will include risk management, corporate and commercial client services, risk consulting, and specialty insurance broking [2] - He will also coordinate with Marsh McLennan's leadership to deliver strategic offerings to clients [3] Background and Experience - Addington-Smith has been with Marsh since 2010, previously serving as Marine leader for Asia and holding various leadership roles [3][4] - Currently, he is the president of Marsh Asia and has led Marsh Specialty in Asia [4] - His experience includes working as a senior marine insurance broker in both Hong Kong and London [3] Company Statements - Martin South, CEO and president of Marsh, praised Addington-Smith as an exceptional leader with a strong international career, suitable for leading the UK business [5] - South also expressed gratitude to Chris Lay for his significant contributions and leadership in the industry [5]