People Moves: Marsh Promotes Vanyo; AIG’s Fayto Joins Lockton Cyber; Hersch Leads Deloitte Insurance Unit

Vanyo Named General Counsel of Marsh

Marsh McLennan announced the appointment of Mikhail “Misha” Vanyo as general counsel of Marsh. Based in New York, Vanyo will lead all legal and compliance strategy for Marsh globally.

He succeeds Katherine Brennan, who was named senior vice president and general counsel of Marsh McLennan earlier this month. Vanyo will report to Brennan and to Martin South, president and CEO of Marsh.

Vanyo joined Marsh McLennan as the firm’s chief competition counsel in 2017, later taking on the role of Marsh’s chief counsel for Global Placement and Specialty. Prior to joining Marsh McLennan, he served as federal prosecutor with the U.S. Department of Justice, focusing on antitrust, fraud, and other white collar crime, and as an associate at the global law firms Simpson Thacher & Bartlett and O’Melveny & Myers.

Lockton Names Faylo as U.S. Cyber & Technology Leader

Insurance broker Lockton has named Michelle Faylo as its U.S. Cyber & Technology leader.

A 20-year veteran of the insurance industry, Faylo joins Lockton from AIG, where she most recently was North America head of Cyber & Professional Liability. In this role, she managed a team of more than 60 specialists focused. Before joining AIG in 2006, she worked as a client advocate at Willis.

Hersch Named Leader of Deloitte’s U.S. Insurance Sector

Karl Hersch has been named the leader of advisory firm Deloitte’s U.S. insurance sector within the organization’s financial services industry practice.

In this role, Hersch will oversee more than 3,200 practitioners providing services to organizations across the insurance industry. Hersch, a principal with Deloitte Consulting LLP, will be responsible for leading the overall insurance sector strategy, bringing practice areas together to serve Deloitte’s portfolio of insurance clients.

Hersch has 30 years of experience and has held numerous leadership roles, serving as the U.S. insurance consulting practice leader since 2019. Hersch has served many of the Deloitte’s largest financial services clients, and he was the insurance finance transformation practice leader as well as the financial services industry enterprise performance practice leader. He has served insurance clients in the U.S. and globally.

Hersch will succeed Gary Shaw, who will continue to focus on the organization’s largest accounts. During his tenure, Shaw oversaw the exponential growth of the U.S. insurance practice, while also serving as the lead client service partner for a major global insurance company.

Deloitte’s insurance group brings together specialists from actuarial, risk, strategy, operations, technology, tax and audit.

Topics Cyber AIG