Marsh creates single risk management practice group to help better serve large corporates

Marsh announced Tuesday it is creating a single global risk management (RM) practice group by bringing together G5, the company’s largest account platform, its multinational practice and its existing RM operations.

The move is meant to enhance focus on meeting the evolving needs of the company’s largest clients worldwide, Marsh notes in a statement. Tim Gardner, who was previously global sales leader for Marsh’s large corporate business, will lead the group and will continue to be based in New York.

Gardner will report to Joe McSweeny, global sales leader and president of Marsh’s U.S. & Canada Division. “Bringing these offerings together under one umbrella will give us a greater ability to share best practices around the world and to ensure we are fully leveraging our significant resources to best serve our large clients,” Sweeny notes in the statement.

Marsh has also created chief client officer (CCO) roles to help drive the enhanced offering across its RM practice group. The CCOs will be charged with intensifying client engagement, ensuring consistent deployment of Marsh’s global network, and increasing the use of higher value analytics.

Tim Mahoney, formerly the global risk manager leader for the U.S., has been named CCO in Marsh’s U.S. & Canada Division, while Gilbert Van den Eynde, formerly the global G5 leader, will be CCO for the International Division. Alban Laloum will continue to lead the multinational team in the new RM practice group.

“With a rapidly changing risk landscape, we need continually to be developing our range of services so that our large clients can make crucial decisions about managing risk with greater confidence,” Gardner says.