Marsh Inc., the world's leading risk and insurance service firm,
today announced it has established a dedicated Renewable Energy Team
and named Susan K. Stokes and Tom Sexton as its co-leaders. The team
will work closely with the firm's Global Marine & Energy Practice and
the Power & Utilities Industry Practice to help clients address and
find upside in the wide range of risks they face in this
technologically diverse and dynamic sector.
Ms. Stokes, who is based at Marsh's world headquarters in New
York, will be responsible for the Renewable Energy Team in the
Americas while Mr. Sexton, who is based in London, will be responsible
for Marsh's Renewable Energy in Europe, the Middle East, Asia, and
Africa.
Both Ms. Stokes and Mr. Sexton will work to build on the firm's
already considerable expertise in renewable energy. During the past
decade, Marsh has been assessing risk issues and providing related
solutions for clients involved in onshore and offshore wind projects,
ethanol and biodiesel plants, solar energy projects, hydro-electric
power generation, wave, tidal and other renewable energy operations.
"Businesses and governments have sharpened their focus on
renewable energy, particularly as the energy industry responds to the
global emphasis on developing new technologies that lower carbon
emissions," said Ms. Stokes. "The creation of Marsh's Renewable Energy
Team provides both a framework as well as dedicated resources from
multiple practices to expand our efforts to help clients address
emerging risk issues in this dynamic sector."
"As clients commit significant resources and push technological
boundaries to develop this rapidly growing sector, they need effective
and innovative approaches to address their exposures," Mr. Sexton
added. "Marsh has the resources and the expertise to help them address
a wide array of risks as they expand their activities in all parts of
the world."
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 Human Resource Consulting, Oliver Wyman, 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.
For additional information regarding Marsh's renewable energy
capabilities, contact Ms. Stokes at (212) 345-3770 or Mr. Sexton in
London at 00 44 20 7357 2864.