Marsh & McLennan names general counsel, chief compliance officer for Guy Carpenter

Marsh & McLennan names general counsel, chief compliance officer for Guy Carpenter | Insurance Business

Marsh & McLennan names general counsel, chief compliance officer for Guy Carpenter

Marsh & McLennan has named Michael Sevi as general counsel and chief compliance officer for its reinsurance brokerage unit, Guy Carpenter.

Sevi succeeds Michael Borik, who served as Guy Carpenter’s general counsel for four years. A release said that Borik will be moving into a joint business and legal role as managing director and chief counsel of Guy Carpenter’s Global Capital Solutions group.

Sevi will report to Guy Carpenter president and CEO Peter Hearn and Marsh & McLennan executive vice-president and general counsel Peter J. Beshar. Sevi will also serve on both the executive committee of Guy Carpenter and the senior leadership team of the legal, compliance, and public affairs department.

“Michael’s knowledge of the reinsurance industry, public and private sector experience and track record of delving into our most complex issues make him the ideal legal and compliance leader for Guy Carpenter,” Hearn said.

Sevi joined Marsh & McLennan in 2014 as a senior compliance officer for Marsh. He has since served in roles of increasing responsibility, most recently as chief compliance officer of Guy Carpenter and deputy chief compliance officer of Marsh & McLennan.

Prior to joining Marsh & McLennan, Sevi was a litigation associate at Hogan Lovells and DLA Piper. He also served as the director of cabinet affairs for Governor Rick Scott of Florida. Sevi is a graduate of Dartmouth College and Harvard Law School.