David Clarke joins Alpha FMC’s insurance practice as a director
Asset, wealth management and insurance consultancy Alpha FMC has hired David Clarke as a Director in its insurance advisory wing. Clarke will focus on the general insurance and specialty insurance client segments.
Stuart McNulty, Alpha FMC Global Chief Client Officer, said, “We are absolutely delighted to welcome David to Alpha and his appointment further strengthens the fantastic senior team in our insurance practice. We remain extremely excited about the opportunities which lie ahead, as we broaden our coverage of the general insurance and specialty sectors.”
Alpha FMC is a consulting firm specialising in the asset management, wealth management and insurance industries, providing perspective, strategy and technical expertise to more than 500 financial services clients around the world. It has over 550 permanent employees spread through offices in London, Geneva, Zurich, Paris, The Hague, Copenhagen, Luxembourg, Edinburgh, New York, Boston, Toronto and Singapore.
As the financial services industry develops a roadmap for the post-pandemic business environment, insurance leaders continue to grapple with a full agenda of tackling both existing and emerging challenges. In the firm’s London office, Clarke will focus on helping Alpha FMC’s clients drive business transformation and innovation across their operating models.
Clarke’s appointment underpins Alpha FMC’s broadening and deepening coverage of the insurance sector. He arrives from PEN, where he was an Associate Partner, responsible for its London market and general insurance practice, with a personal focus on business and technology strategy. Prior to that role, he worked at Accenture, where he was part of the insurance strategy practice.
Commenting on his appointment, Clarke, noted, “Insurance has come to the fore in the last 18 months of the pandemic, with carriers and brokers facing the challenge of redefining themselves. The firms to lead the pack will be those that recognise the existential threats caused by the disruption and can pivot their businesses to maximise new revenue streams. This is a critical time for insurance, as firms place strategic bets and activate their ambitious plans.”
The news follows the recent arrival of Huw Barker in Alpha FMC’s insurance practice, earlier in October. Barker joined as an Associate Director, with a background in both industry and consulting, having worked at EY, Accenture and Ageas.
