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2 February 2023Insurance

Marsh McLennan picks new CEOs to tackle increasing interconnected risks

Global re/insurance broker  Marsh McLennan has shuffled the top leadership of its international, US and Canadian businesses in an effort to drive better collaboration between its Marsh, Mercer, Guy Carpenter and Oliver Wyman wings to tackle increasingly interconnected risks in the global market.

Flavio Piccolomini has been appointed as new chief executive officer (CEO) of Marsh McLennan International, with Pat Tomlinson taking charge as US and Canada CEO.

The broker said the new CEOs will lead a new collaborative effort to better serve clients and deliver innovative solutions at the intersections of the company’s four businesses: Marsh, Mercer, Guy Carpenter and Oliver Wyman.

They will report to Mercer president and CEO Martine Ferland and Marsh president and CEO Martin South and will be responsible for working across businesses to address clients’ increasingly interconnected risk, strategy and people challenges and ensure operational efficiency.

Piccolomini was most recently president of Marsh’s international division, comprising all regions except the US and Canada. He has 30-plus years of experience in insurance brokerage and risk advisory. He will be based in London.

Tomlinson has more than 25 years of experience in professional services. He joined Mercer in 2014 and since then has assumed roles of increasing responsibility guiding Mercer’s Health, Wealth and Career businesses. He most recently served as president of US and Canada, Mercer. He will be based in New York.

Ferland said: “Often the most powerful innovations we deliver for clients come from colleague collaboration at the convergence of our businesses. Flavio and Pat will take these innovations to market to position clients for even greater success.”

South added: “Flavio and Pat will bring together the unique capabilities and solutions of our businesses to solve client challenges. Ultimately, this is all about delivering greater value for clients and driving growth.”

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