17 August 2016Bermuda analysis

Weldon embarks on new career with Marsh Captive Solutions

Shelby Weldon, the former director of licensing and authorisations at the Bermuda Monetary Authority (BMA), has started in his new role with Marsh Captive Solutions.

As first revealed by Captive International in June, Weldon joins the broker as team leader and member of the firm’s senior management team.

Weldon will be based in the firm’s Bermuda office and will report to Lawrence Bird, head of Marsh, Bermuda. He will be responsible for the oversight of a team of 14 captive management professionals and the delivery of Marsh’s captive management and consulting services.

Before his role with the BMA, Weldon served as the director of compliance and the deputy director, insurance supervision, at the BMA.

Bird said: “We are delighted that Shelby Weldon has joined Marsh Captive Solutions. His time at the BMA brings to our clients a high profile captives practitioner with unparalleled knowledge and an innovative thinker and problem solver who will work on their behalf.”