Marsh McLennan taps senior Zurich exec for key climate strategy role

Global broker  Marsh McLennan has hired a senior Zurich executive to lead its climate strategy across the company’s four businesses including Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

Francis Bouchard (pictured) joins as managing director of climate within Marsh McLennan’s Advantage team, where he will be responsible for developing and delivering solutions that help clients create resilient strategies for the future.

Bouchard will work closely with executives and climate leaders in the company’s four businesses, and also contribute to its thought-leadership on climate change’s impact on society and business.

Prior to joining Marsh McLennan, Bouchard spent more than 20 years with Zurich Insurance Group in a series of global roles, most recently as the group head of public affairs and sustainability, where he led government affairs, sustainability and philanthropic initiatives.

Bouchard will continue as chairman of SBP, a non-profit disaster resilience organisation, working to address the impact of disasters on low-income populations. He is also a senior fellow of the Atlantic Council Resilience Center and a member of AGree Economic and Environmental Risk Coalition, which advocates for crop insurance reform to help incentivize sustainable agriculture practices.

“Francis’s multi-disciplinary experience in the insurance industry and across the sustainability, government and social impact arenas, will be essential in helping our clients navigate a path through the disruption posed by climate change,” said Greg Sinnott, executive director of Marsh McLennan Advantage.

Bouchard commented: “I look forward to partnering with Marsh McLennan’s leaders to advise clients through this period of transformation.”

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