Mr. Rastogi’s appointment is effective immediately, and he will be based in Mercer’s London office, with responsibility for providing overall leadership of the Insurance Group. Tasked with expanding the business across the globe and leading a team of insurance investment professionals, Mr. Rastogi will also strengthen existing partnerships with Marsh & McLennan’s other Operating Companies: Marsh, Guy Carpenter and Oliver Wyman. The group is also tasked with developing tailored services for the sector, including sophisticated risk management solutions and a delegated investment solution for captives.
According to Andrew Kirton, Senior Partner and Investments Leader (EuroPac),
“Our intention is that Ravi and his Mercer colleagues help Marsh & McLennan deliver a comprehensive range of risk management and investment services to the insurance market.
“In a world of low bond yields, stiffer regulatory requirements and increased stakeholder expectations, insurers, reinsurers and captive insurers face increasing financial compliance and numerous investment challenges. Ravi is perfectly suited to helping clients address these issues. He’s a seasoned investment and actuarial professional with deep dive expertise and has experience helping insurance companies build sustainable and successful risk management and investment arrangements.
Mr. Kirton continued, “We have ambitious expansion plans for our Insurance Group. Ravi will bring knowledge, energy and innovative thinking to this important initiative. He will strengthen Mercer’s insurance expertise for complex investment strategy advice and solutions and help us add greater value to our clients.”
Mr. Rastogi added:
“This is an incredibly exciting and important time for the insurance investment industry. Insurance is a societally critical sector, and success will positively impact all of the sector’s stakeholders: policyholders, insurers, investment providers, and regulators. It is a privilege to be joining such a talented and visionary leadership team at Mercer.”
Mr Rastogi joins Mercer from Towers Watson, where he was the EMEA leader of the Insurance Investment Advisory Group. Prior to this, he held senior pensions and insurance advisory positions for a number of leading firms. He has over 25 years of financial industry experience and is a qualified actuary.
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