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Marsh expands Norwegian energy practice

IBR Staff Writer Published 16 December 2010

Insurance broker Marsh has expanded its Norwegian energy practice through the appointment of Grete Henaes and Tormod Hareide to its Oslo-based team.

Both Henaes and Hareide will report to Jim Paddon, head of Marsh's Scandinavian Energy team. They will join Marsh early next year.

Henaes will join Marsh as senior vice president, Global Energy Practice. She was most recently at Aon Grieg, responsible for developing Aon's contractor hub worldwide, acting as account director on some of its largest clients.

Hareide, with more than 30 years of experience in the industry, will join as head of Claims for Marsh's Marine & Energy practices in Scandinavia, having previously served in the same role at Aon Grieg.

Marsh leader of Energy Practice for Europe, the Middle East and Africa Andrew George said that as North Sea oil reserves begin to decline, energy companies in the region are changing the range and scale of their projects, bringing increasing levels of risk. The appointment of both Grete and Tormod to the Marsh team strengthens the offering to clients at a crucial time.

Paddon said that Grete's broad experience in the global energy insurance markets and her reputation as an exceptional client-focussed broker will be greatly appreciated by Marsh's oil company and contractor clients.

"At a time when both upstream and downstream energy claims are becoming more complex, the depth of Tormod's expertise will complement the already highly-skilled claims team we have in the region," Paddon said.