Monday, November 28, 2022
HomeInsuranceMarsh McLennan proclaims new president and CEO

Marsh McLennan proclaims new president and CEO


An insurance coverage trade veteran with greater than 30 years of administration expertise in business insurance coverage underwriting and brokerage, Doyle started his profession at AIG and held a number of govt positions on the insurer, together with chief govt officer of AIG Industrial Insurance coverage, and president and CEO of AIG Property and Casualty within the US.

“John has led Marsh to excellent earnings and income development and, as group president and COO, has discovered new methods to harness the collective power of Marsh McLennan to ship even larger influence with our purchasers, colleagues, and communities,” remarked H. Edward Hanway, chairman of the Marsh McLennan board of administrators. “He’s a terrific strategist and an distinctive chief who builds efficient, numerous, and inclusive groups. Along with his management, the corporate is properly positioned for continued development.”

Hanway additionally praised the outgoing CEO, who had led Marsh McLennan by a interval of great development and alter. “Dan has had a rare influence on Marsh McLennan, shaping it into a contemporary, dynamic firm. He expanded the enterprise into new consumer segments, elevated revenues from $12 billion to over $20 billion and grew the corporate’s colleague base,” Hanway added. “We’re grateful for his contributions to the enterprise over a few years.”

Glaser lauded the Doyle’s appointment and mentioned the incoming CEO had been “an indispensable associate” in delivering on Marsh McLennan’s technique.

“John is aware of our companies properly and is concentrated on creating best-in-class options for our purchasers. I’m assured that this group’s extraordinary success will proceed below John’s management,” mentioned Glaser, may also retire from the corporate’s board of administrators.

In an announcement, Doyle thanked his predecessor and the board of administrators for his or her help and confidence.

“We’ve terrific momentum and the capabilities and experience wanted to drive innovation and development, ship important consumer options, and create worth for shareholders. I sit up for partnering with our 83,000 colleagues to put in writing our subsequent chapter,” Doyle mentioned.

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