Insurance Tax man appointed by Marsh
Tuesday, 29 July 2008
Source: Tax Careers Magazine
Praveen Sharma is to head up the newly-created insurance regulatory and tax consulting practice of Marsh, the leading insurance broker and risk adviser.
The practice will provide multinational clients with support and information to help them evaluate regulatory and premium tax risks arising from their insurance and alternative risk-financing programmes in all parts of the world.
Sharma joins from Aon, where he was head of Regulatory & Compliance for the EMEA region, a post held since 2001. He also advised multinational companies on insurable risk optimisation strategies , including accounting, regulatory and taxation issues.
A qualified chartered accountant, Sharma was a tax adviser for both KPMG and Ernst & Young for 14 years in total, where he was involved with the management of UK corporate tax issues for some of the world's largest insurance companies.
Timothy J Mahoney, president of global risk management for Marsh, said: 'As multinational businesses continue to look for better ways to manage risk and achieve efficiencies, they have sharpened their focus on understanding the array of country-specific insurance and related tax regulations that affect their programmes.'
Praveen Sharma is to head up the newly-created insurance regulatory and tax consulting practice of Marsh, the leading insurance broker and risk adviser.
The practice will provide multinational clients with support and information to help them evaluate regulatory and premium tax risks arising from their insurance and alternative risk-financing programmes in all parts of the world.
Sharma joins from Aon, where he was head of Regulatory & Compliance for the EMEA region, a post held since 2001. He also advised multinational companies on insurable risk optimisation strategies , including accounting, regulatory and taxation issues.
A qualified chartered accountant, Sharma was a tax adviser for both KPMG and Ernst & Young for 14 years in total, where he was involved with the management of UK corporate tax issues for some of the world's largest insurance companies.
Timothy J Mahoney, president of global risk management for Marsh, said: 'As multinational businesses continue to look for better ways to manage risk and achieve efficiencies, they have sharpened their focus on understanding the array of country-specific insurance and related tax regulations that affect their programmes.'
Labels: Head of Tax, insurance tax, new appointments, people moves
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