A leading U.S. risk magazine has recognized 47 executives of
Marsh, the world's leading risk and insurance services firm, as among
the top brokers serving clients in various industry sectors.
In its current February 2007 issue, Risk & Insurance(R) magazine
published a list of 150 of its "Power Brokers(TM)," the country's top
insurance brokerage executives within 27 different industry
categories. The magazine's editors and writers developed the list with
the help of more than 300 risk managers and made their selections
based on the brokers' creativity in solving risk-related problems,
industry knowledge, and high level of client service.
The 47 Marsh insurance brokerage and risk advisory executives who
qualified as "Power Brokers" accounted for nearly one-third of the 150
honorees and represented by far the largest number of executives from
any one firm.
"Capturing almost a full third of this year's Risk & Insurance
'Power Broker' slots reflects the depth and breadth of our firm's
talent. But this wonderful recognition of Marsh brokers by both
clients and prospects is also a strong affirmation that our
strengthening focus on risk advisory is the right strategy for this
new era of emerging risk," said Brian Storms, Chairman and CEO of
Marsh Inc. "Our core vision is helping clients turn risk from a
liability into a competitive advantage. That's why we're investing
heavily in training and development to ensure our people can lead the
industry not only as premier brokers, but strategic risk advisors."
The Risk & Insurance "Power Brokers" is an annual listing of the
most influential commercial insurance brokers in 27 industry practice
groups. According to Risk & Insurance, the Power Broker designations
are based on nominations provided by brokers as judged by separate
panels of risk managers for each industry segment. Brokers were judged
primarily on their demonstrated knowledge of the particular industry
group, their creativity in solving risk-related problems and their
high level of client service.
Risk & Insurance, published 15 times a year, focuses on
thought-provoking, leading edge, strategic articles about risk
management. The magazine identifies emerging issues and personalities
in risk management and covers property-casualty insurance, insurance
brokerage, alternative risk, reinsurance, business continuity,
catastrophes, workers compensation, enterprise and operational risk,
disability management and employee benefits.
Marsh has 26,000 employees and annual revenues approaching $5
billion. The firm provides advice and transactional capabilities to
clients in over 100 countries. Marsh is a unit of Marsh & McLennan
Companies (MMC), a global professional services firm with
approximately 55,000 employees and approximately $12 billion of annual
revenues. MMC also is the parent company of Guy Carpenter, Kroll,
Mercer, and Putnam Investments. MMC's stock (ticker symbol: MMC) is
listed on the New York, Chicago, and London stock exchanges. MMC's Web
Site is www.mmc.com. Marsh's Web site is www.marsh.com.
Note to editors: The Risk & Insurance 27 industry categories
included: automotive, aviation & aerospace, chemicals,
construction/design, education, employee benefits, energy,
entertainment-media, entertainment-sports, environmental, financial
institutions, fine arts, gaming, healthcare-general,
healthcare-long-term care, hospitality/leisure, marine,
pharmaceuticals, public sector, real estate, retailing-wholesale,
technology/general, technology/hardware, technology/software,
telecommunications, transportation, and utilities.
