Marsh Moves to Accelerate Growth Across U.S. Operations

Firm Taps Regina Spratt to Lead National Brokerage Business; Edward Lynch to Lead Business Development for Marsh & McLennan Agency

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.

“Ed’s strong experience and depth of knowledge about our various operations make him uniquely qualified to identify and optimize synergies between Marsh & McLennan Agency and our Marsh National Brokerage businesses and to leverage our capabilities across these two segments,” said Mr. McSweeny. “At the same time, Regina is ideally suited for her role as the new Marsh National Brokerage Leader as we look to drive our growth strategy into a higher gear across the U.S.”

About Marsh & McLennan Agency LLC:

Marsh & McLennan Agency LLC, a subsidiary of Marsh Inc., was established in 2008 to meet the needs of mid-sized businesses in the U.S. The firm will operate independently from Marsh to offer commercial property, casualty, personal lines, and employee benefits to clients across the U.S.

About Marsh

Marsh Inc. has over 23,000 employees and 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 52,000 employees and annual revenue exceeding $10 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Kroll, the risk consulting firm; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. 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.

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Marsh
Al Modugno, 212-345-2448
[email protected]

Source: Marsh Inc.