Marsh, the world’s leading insurance broker and risk adviser, has announced two Bermudian-based leadership appointments within its Marsh Captive Solutions operation.

Michelle Sivanayson has returned to Bermuda from Canada as islands practice leader.

Ms Sivanayson will oversee Marsh’s Bermuda, Cayman and Barbados captive operations, reporting to Ellen Charnley, president, Marsh Captive Solutions.

She brings nearly 20 years of captive experience to the role, having started her captive career in Bermuda before moving to Halifax, Nova Scotia, to help set up and lead Marsh’s Captive Operations Group there.

Ms Sivanayson succeeds Julie Boucher, who has relocated to South Carolina from Bermuda to take on the role of US captive chief client officer for Marsh.

In addition, Tanja Korff has been named Bermuda client services leader, reporting to Ms Sivanayson. She is responsible for delivering Marsh’s captive capabilities and advice to clients in Bermuda.

Ms Korff joined Marsh Captive Solutions in 2006 and most recently lead client service teams in Columbus, Ohio.

She has relocated to Bermuda where she started her captive career and succeeds Mike Parrish, who has transitioned into a new role supporting a number of Marsh’s European captive clients.

Ms Charnley said: “As the captive insurance industry continues to experience exceptional growth, having the right leadership in place in Bermuda — a key domicile for our captive clients — is essential.

“I am confident that under the leadership of Michelle and Tanja, we will be well positioned to provide the enhanced services and resources our clients need to successfully manage their captives.”