Marsh & McLennan Companies News

Marsh & McLennan Companies Appoints Treasurer in New York

Marsh & McLennan Companies Inc. announced the appointment of Helen Shan as vice president and treasurer. She is based in New York. Shan’s appointment is effective April 15. In her new role, she will oversee all areas of the company’s …

IICF Northeast Division Awards Record Total of Grants

The Insurance Industry Charitable Foundation (IICF) Northeast division made its largest-ever distribution of charitable grants at its sixth annual benefit dinner on Wednesday, Dec. 12. The total amount of awarded grants is $960,000. David Brinkman, chair of the IICF Northeast …

Marsh Names Moylan to Lead Newly Launched Surety Practice Unit

Marsh, the insurance broking division of N.Y.-headquartered Marsh & McLennan Cos., announced last week the launch of a global surety practice unit.Marsh said its network of more than 200 surety specialists is already providing clients with consulting and brokerage services …

Guy Carpenter Names Senior VP in Maine

Guy Carpenter & Company LLC, a global risk and reinsurance intermediary division of Marsh & McLennan Companies, appointed Peter Barr as senior vice president. Barr is based in Portland, Maine. With more than 30 years of experience in the re/insurance …

Marsh Executive Stein Moves to Aon Risk Solutions in New York

Aon Risk Solutions, the global risk management business of Aon plc, appointed Robert Stein as U.S. middle market chief broking officer. He is based in New York City. In this new position, Stein will oversee implementation of Aon broking strategies …

Analysts Express Comfort in Marsh & McLennan’s Succession Plan

A number of analysts have issued favorable comments for Marsh & McLennan Companies’ CEO Brian Duperreault and his successor, Chief Operating Officer Dan Glaser, who was officially designated by the company last week to take over the CEO post when …

Marsh & McLennan’s Duperreault to Retire; COO Glaser to Become New CEO

Marsh & McLennan Companies Inc. announced that Brian Duperreault, 65, will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, 52, currently the company’s group president and chief operating officer, has been named …

Marsh Promotes Flynn to Lead Insurance Services Businesses in New York

Marsh, the insurance broking and risk management division of Marsh & McLennan Cos., has promoted Liz Flynn to the newly created position of president of its Insurance Services Businesses unit.The Insurance Services Businesses unit is a new grouping of several …

Marsh & McLennan Q2 Profit Up 17%; Revenues Growing in All Divisions

Marsh & McLennan Companies reported on Tuesday $329 million net profit for its 2012 second quarter, a 17 percent increase from $282 million reported a year earlier. “Our outstanding second quarter results successfully built on our strong first quarter. We …

Marsh & McLenna Announces Promotion in Oliver Wyman Division in N.Y.

New York-headquartered Marsh & McLennan Companies Inc., has promoted Paula McGlarry to general counsel of Oliver Wyman Group, the company’s management consulting subsidiary.