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MARSH RISK CONSULTING NAMED "RISK PROVIDER OF THE YEAR" BY LEADING EUROPEAN RISK PUBLICATION

NEW YORK, May 14, 2009 Strategic Risk, a leading European risk management publication, has recognized Marsh Risk Consulting as "Risk Service Provider of the Year."

Marsh Risk Consulting (MRC), a unit of Marsh, the world's leading insurance broker and risk advisor, gained the recognition recently during the publication’s annual European Risk Management Awards event.  In particular, MRC was cited for its work in enterprise risk management (ERM), as well as its enhanced risk management solutions for the middle market and tools to help clients respond to the economic downturn.  A panel of 20 senior risk professionals at businesses and organizations in Europe selected by the editors of Strategic Risk chose MRC for the award.

"We are honored to be selected for this recognition by Strategic Risk and its distinguished panel of risk professionals," said John Merkovsky, a managing director of Marsh and global leader of MRC.  "This achievement reflects the commitment and professionalism of our people and underscores our uniform focus throughout Europe and globally on helping clients meet the wide range of risk challenges they encounter, especially in the face of the global economic crisis of the past several months."

MRC has nearly 900 employees and provides a wide range of risk management and risk consulting services to clients in all parts of the world. MRC has specialists in areas such as business continuity management, claims, construction, crisis management and reputational risk, enterprise risk management, forensic accounting, human capital, mass tort, product risk, property risk control, quantitative analysis, strategic risk analysis, and supply chain risk management.

Published eight times a year, Strategic Risk describes itself as "the leading risk management publication in Europe and the only publication that comprehensively covers risk, corporate governance and related issues for the U.K. and European markets." The publication "caters for the corporate risk and insurance market, providing topical news stories on the full range of insurable and non-insurable risks."

Marsh has 23,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is one of the operating companies of Marsh & McLennan Companies (MMC), a global professional services firm with more than 54,000 employees and annual revenue exceeding $11 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; Oliver Wyman, the management consultancy; and Kroll, the risk consulting firm. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC's Web site is www.mmc.com.


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Al Modugno
212-345-2448

 

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