Ryan Bond joins Marsh to head up climate and sustainability

Marsh, a leading insurance broker and risk advisor, has announced the appointment of Ryan Bond as head of climate and sustainability insurance innovation, effective Jan. 1.

In his new role based in London, Bond will be responsible for leading the global development of insurance products that support Marsh’s clients through the climate transition and help them achieve their commitments to sustainability.

Building resilience amid increasing climate volatility

Joining Marsh back in 2007, Bond most recently served as chief executive, UK and Ireland, for Bowring Marsh, the company’s international placement business. Prior to joining the brokerage giant, he served as a division director at Willis Towers Watson. Bond is a board member of the British Insurance Brokers’ Association (BIBA) and also serves on BIBA’s International & Wholesale Advisory Board.

“There is a clear opportunity for greater innovation in risk transfer, underwriting, and risk management to support global climate ambitions, and for insurance to be a more immediate catalyst for change,” Bond said. “I look forward to working with our clients, colleagues, and the wider insurance community to build resilience amid increasing climate volatility and develop nature-positive insurance solutions.” 

Supporting organisations in achieving climate goals 

As mentioned in EY’s 2020 Global Insurance Outlooks, insurers are uniquely positioned to help people, companies and communities recognise the need for more protection and to close the massive natural catastrophe-related protection gap that currently exists.

The focus has been shifted onto how companies can help in the fight against climate change, and also to help reach net-zero goals. 

Commenting on the appointment, Barnes said, “Insurance has a key role to play in accelerating climate-related action, smoothing the transition, and supporting the societal change required to realise a more sustainable future.

“Ryan’s extensive experience working with international insurance markets, together with his deep understanding of the challenges our clients face, will be invaluable in the development of new solutions that support organisations in achieving their climate and sustainability-related goals.”