The world’s leading insurance broker and risk advisor Marsh has appointed Stefan Farahani as Head of specific risk in UK private equity and managers & acquisition practice.
Stefan will be working from London, reporting to Alastair Lowry and Leo Flindall, Co-Heads of UK Transactional Risk and Marsh Specialty.
Mr. Stefan will be responsible for developing insurance solutions for several clients, including real- estate funds, corporate and private equity firms, private debt, and hedge funds. Compared to warranty and indemnity insurance, specific risk insurance weakens known contingent risks that could affect deal activity, delay a transaction and result in material loss. Mr. Stefan will build on Marsh’s recent innovations in this fast-growing product line.
Before joining Marsh, Stefan was executive director of contingent and tax risks for six years at Willis Towers Watson. He was also a tax associate at the law firm Slaughter and May for 4 years; during that time, he was seconded to GlaxoSmithKline.
Leo Flindall, on Mr. Stefan’s appointment, said Specific Risk Insurance is a deal enabler that reduces issues that could halt transactions through ring-fencing known stamping blocks. Widely recognized as one of the leading thinkers in this fast-growing and specialist market, Stefan’s advice and counsel will be invaluable to the company’s clients as they work through their deals and complement the strength of its transactional risk team.
Mr. Stefan Farahani said that, as many organizations have planned their post-pandemic futures, Mergers & Acquisition activity is robust in crucial sectors such as technology, infrastructure, renewables, and renewed confidence in their recoveries. Specific risk insurance can open up
transactions and remove uncertainties around several risks such as taxes, intellectual property, contractual disputes, regulations and subsidies, contractual uncertainty, and litigation. He added Marsh has an established reputation for developing innovative insurance solutions that get deals over
the line while offering protection against known and unknown risks. Stefan shows his excitement for joining Marsh to help develop its strong proposition and contribute to its client’s success.
