Management consultancy Oliver Wyman, which is part of Marsh McLennan, has set up a UK actuarial practice and recruited Colin Forrest as partner and UK actuarial leader. Based in London he will be responsible for building out the operation and serving the needs of both life and property and casualty insurers.

Mick Moloney, managing partner actuarial and global head of insurance and asset management at Oliver Wyman, said: “The UK is one of the largest actuarial services markets globally with significant opportunity for us. Given our rapidly expanding continental European actuarial practice, the breadth and depth of our Americas operations, and our already market-leading UK management consulting business, we are delighted to have Colin join Oliver Wyman, and to serve the actuarial needs of our UK insurance clients.”

Forrest is a Fellow of the Institute of Actuaries and was most recently CEO of Aon’s Strategy and Technology Group.

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