Marsh & McLennan

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“NEW YORK--(BUSINESS WIRE)--Marsh, the world's leading insurance broker and risk advisor, today announced the appointment of Jonathan Zaffino as U.S. Global Risk Management (GRM) Casualty Practice Leader, responsible for oversight of Marsh’s GRM casualty operating model and the execution of its placement hubs. Mr. Zaffino brings more than 15 years of experience in risk management casualty positions, including experience as an underwriter and broker. He joins Marsh from Century Atlantic Capital Management L.P., a Connecticut-based hedge fund he co-founded in 2008, where he was Chief Operating Officer. Mr. Zaffino will be based in Marsh’s New York office and will report to Mr. Klisura. Mr. Zaffino previously led the casualty practices at Integro Insurance Brokers and Willis North America. He also held various leadership positions with ACE Excess Casualty and ACE Risk Management, including field operations, strategic development, and underwriting. He began his career as an underwriter at Reliance National Insurance and Chubb & Son…”

“NEW YORK--(BUSINESS WIRE)--As it continues to build a national business, Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., today announced it has appointed three executives to its senior leadership team. They are: Lisa R. Hoffmann, chief information officer; Benjamin A. Newman, senior vice president, Mergers & Acquisitions, and Sharon M. Werner, director of Human Resources…Ms. Hoffmann joins Marsh & McLennan Agency with more than 23 years of experience in information technology that includes senior positions with Time-Warner’s Synapse Group, Inc., Centex Corporation, and GE Commercial Finance. Most recently, she was president and owner of Optimal Sourcing LLC. Before joining Marsh & McLennan Agency, Mr. Newman was vice president, Corporate Development and senior vice president, Operations for USI Affinity with USI Holdings Corporation. His 10 years of experience also includes positions with Capital Z Partners and Merrill Lynch & Co. During her 24-year career, Ms. Werner has held senior positions in human resources with a number of firms, including Trinchero Family Estates, Synapse Group, Inc., and Diageo, PLC. In October 2008, Marsh established Marsh & McLennan Agency to be one of the premiere insurance agencies in the United States, offering commercial property and casualty, personal lines, employee benefits and life insurance/estate planning to clients across the U.S.”

“NEW YORK--(BUSINESS WIRE)--As it focuses on accelerating growth across the U.S., Marsh, the world’s leading insurance broker and risk advisor, is intensifying its efforts to expand its business to a full range of U.S. insurance buyers. To help drive this initiative, Marsh today appointed two senior executives to key leadership roles in its U.S. organization; the firm named Regina Spratt as head of the National Brokerage business and Edward Lynch, as business development leader for Marsh & McLennan Agency LLC. Ms. Spratt, who reports to Joe McSweeny, president of Marsh’s U.S./Canada Division, will be charged with leveraging the firm’s extensive insurance brokerage, consulting, and employee benefits resources to help businesses throughout the U.S. manage risk and control costs. With offices in more than 70 cities throughout the U.S. and dedicated professionals serving clients in over 20 industry sectors, Marsh brings unparalleled capabilities to help businesses understand, quantify, prioritize, manage, and transfer their risks. The firm also offers Marsh employee benefit services to help firms manage costs and compete for talent. Ms. Spratt is a proven leader as demonstrated by her success at Marsh in a series of roles of increasing responsibility. Most recently, she led Marsh’s National Brokerage business in the New York market. She was previously sales leader for Marsh’s operations in New York and the Northeast, and was Northeast leader of Marsh’s Risk Consulting Practice. Mr. Lynch, who until recently served as National Brokerage leader, now reports to David Eslick, chairman and CEO of Marsh & McLennan Agency. In recent months, Marsh & McLennan Agency completed the acquisition of three regional agencies as it builds a national business. As that organization continues its expansion throughout the U.S., Mr. Lynch will work closely with Mr. Eslick to develop the Marsh & McLennan Agency’s new business capabilities. During his 28-year career with Marsh, Mr. Lynch has held a wide variety of leadership positions, including leader of the Global Casualty Practice and head of Connecticut operations…”

“NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Companies, Inc. (MMC) announced today that its Board of Directors has elected H. Edward Hanway as a Director, effective immediately. Mr. Hanway, 57, served as Chairman and CEO of CIGNA Corporation from 2000 to the end of 2009. From 1999 to 2000, he served as President and Chief Operating Officer of CIGNA. From 1996 to 1999, he was President of CIGNA HealthCare, and from 1989 to 1996 was President of CIGNA International. Previously, Mr. Hanway was with the Insurance Company of North America (INA), a CIGNA predecessor company, and was appointed to management and executive roles of increasing responsibility through the merger in 1982 of INA and Connecticut General, which formed CIGNA…”

“NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., today announced it has acquired Insurance Alliance, one of the largest independent insurance agencies in Texas. The transaction marks the first of a series of planned strategic acquisitions as Marsh & McLennan Agency builds a national business to serve the needs of small to mid-sized companies across the country. Terms of the transaction were not disclosed. Established in 1992, Insurance Alliance has annual revenue of $15 million and serves over 1,500 commercial clients located primarily in Texas and throughout the Southwest. The firm has specialist teams serving clients in construction, surety, energy and marine, professional services, general property and casualty, and employee benefits. Headquartered in Houston, Insurance Alliance has 72 employees. David Eslick, chairman and CEO of Marsh & McLennan Agency, said, ‘I’m delighted to welcome the leadership and employees of Insurance Alliance to our firm. As a well-managed and growing enterprise with a highly qualified professional team and a reputation for service excellence, Insurance Alliance fits perfectly with the national organization we are working to build at Marsh & McLennan Agency.’ Concurrent with the acquisition, Marsh & McLennan Agency announced the appointment of Woody Woodard as CEO of its new Southwest operation. Mr. Woodard had been chairman of Insurance Alliance. In addition, Insurance Alliance executives Jim Berger will be COO and Jim Tomforde will be vice president of sales for the Southwest.”