NEW YORK - July 27, 2023
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, today announced the appointment of Charles Williamson as CEO of Victor, its leading global managing general underwriting business. He succeeds Brian Hanuschak, who has been named Chairman of Victor. The appointments are effective August 1.
As CEO, Mr. Williamson will lead operations for all of Victor's businesses in the US, Canada, UK, Netherlands, Italy, Germany and Australia, and deliver enhanced solutions to insurance brokers and their customers. He will report to Martin South, President and CEO, Marsh.
Based in New York, Mr. Williamson brings 30 years of insurance underwriting experience to Victor, including serving nearly 25 years in various executive roles at AIG, including President of Consumer Lines Americas. Most recently, he served as Co-Founder and CEO of Vault, a managing general agency and reciprocal insurance exchange serving high-net-worth individuals.
As Chairman of Victor, Mr. Hanuschak will continue to be based in Chevy Chase, Maryland, and become a strategic advisor to Victor’s leadership team, working closely with Mr. Williamson to ensure a smooth transition for colleagues and clients.
Commenting on the appointments, Mr. South said: “Charles is an outstanding leader with deep underwriting, distribution, and product development expertise. Under his leadership, Victor will be well-positioned to support carriers and agents around the world with cutting-edge digital distribution and underwriting platforms. I would also like to recognize Brian for his exceptional contribution in leading Victor and thank him for his continued support.”
Mr. Williamson added: “Victor’s advanced technology and innovative approach to matching risk, distribution, and capital, is second to none. I look forward to leading Victor’s exceptional global team as we continue to build industry-leading underwriting programs and insurance solutions for our distribution partners.”
Marsh is the world’s leading insurance broker and risk advisor. With over 45,000 colleagues operating in 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit marshmclennan.com, and follow us on LinkedIn and Twitter.