Guy Carpenter Appoints Former New York State Superintendent of Insurance James Wrynn as Vice Chairman of US Strategic Advisory
Guy Carpenter today announced the appointment of former New York State Superintendent of Insurance James J. Wrynn as Vice Chairman of US Strategic Advisory and a Managing Director. Mr. Wrynn reports to Andrew Marcell, CEO of US Operations, Guy Carpenter, effective today, May 11.
Mr. Wrynn joins Guy Carpenter from the New York law firm, Goldberg Segalla, LLP, where he was a partner in the global insurance services practice group. Before joining Goldberg Segalla in March 2012, Mr. Wrynn served as the 40th Superintendent of Insurance in the State of New York.
His expertise will expand the regulatory advisory services that are available to clients and prospects. “We continue to increase our offerings as we anticipate the changing needs of our clients and prospects,” commented Mr. Marcell, CEO of US Operations for Guy Carpenter. “Jim brings extensive legislative and legal experience to Guy Carpenter and we are thrilled to have him lead our regulatory practice within US Strategic Advisory,” Mr. Marcell said. “The regulatory landscape continues to evolve and the regulatory issues facing (re)insurers today require highly specialized expertise not often available in-house.”
“Guy Carpenter Strategic Advisory has a team of professionals whose deep experience and knowledge can help clients successfully navigate the regulatory realm, whether they are expanding geographically, entering a new line of business, making an acquisition or launching a new product,” Mr. Marcell concluded.
“I am excited to be joining Guy Carpenter,” Mr. Wrynn said. “I have worked closely with the firm for almost a year and look forward to assisting Guy Carpenter’s clients manage the changing regulatory environment,” he commented.
While New York Superintendent, Mr. Wrynn was instrumental in leading the National Association of Insurance Commissioners (NAIC) in establishing the enterprise risk management (ERM) and ORSA initiatives. He also served as the NAIC representative on the International Association of Insurance Supervisors (IAIS), and has first-hand knowledge of Solvency II.
Prior to serving as Superintendent, he was the Executive Director of the New York State Insurance Fund, New York’s largest workers compensation and disability benefits carrier. Mr. Wrynn was a founding partner of MacKay, Wrynn & Brady and practiced there until he was appointed Executive Director of the New York State Insurance Fund in 2009.