Marsh, the world's leading insurance broker and risk adviser, announced today the appointment of industry veteran Michael Anderson as President of its U.S. Construction Practice as part of its continued efforts to aggressively target emerging opportunities in the global construction industry.
Mr. Anderson brings more than 25 years of construction risk management experience to Marsh. He joins from Willis, where he was the surety
practice leader in the firm's U.S. construction practice. At Willis, Mr. Anderson's responsibilities included management and business development of construction surety; he also played important roles in the development of the firm's international surety business and Willis' local construction team in Philadelphia. Prior to Willis, Mr. Anderson spent 15 years as a surety underwriter, at St. Paul Seaboard Surety and Reliance Surety.
"Mike Anderson brings a critical understanding of construction risk and surety to Marsh and its clients," said Mark Reagan, Chairman of Marsh's Global Construction Practice. "We’re proud to welcome Mike to Marsh, as we continue our efforts to build the industry’s best construction practice around the world."
"In these very challenging times, Marsh's demonstrated commitment to the construction industry is second-to-none," said Mr. Anderson. "Marsh has delivered expertise and resources to address the risk management opportunities facing many of the industry's most sophisticated construction companies, both in the U.S. and around the world. I'm excited to work with Marsh's talented brokerage team as we build on our already strong position and continue to provide unmatched value to our clients."
Marsh's Global Construction Practice includes more than 600 professionals who provide risk management and insurance services on more than 340 major construction projects, consisting of more than US$58 billion in construction costs. Marsh serves the spectrum of participants in the construction sector, providing a broad rang of risk management and insurance services.
About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of
Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of
Guy Carpenter, a global leader in providing risk and reinsurance intermediary services;
Mercer, a global leader in human resource consulting and related services; and
Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter
@Marsh_Inc.