26.09.2011 15:00:00
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Marsh Names Liz Flynn President and CEO of Marsh U.S. Consumer
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies, today announced the appointment of Liz Flynn to the role of President and CEO of its U.S. Consumer business, effective October 1.
In her new role, Ms. Flynn will oversee all Marsh U.S. Consumer operations consisting of four main business groups: Association, Employer Benefits, Sponsored Program and Franchise and Private Client Services. Each group sells and administers customized insurance programs to their respective employer and affinity groups, membership organizations, and high net-worth individuals.
Ms. Flynn comes to Marsh from Guy Carpenter where she currently serves as Global Chief Operating Officer responsible for strategy, marketing, transformational programs, client support services, technology, and risk and compliance. Ms. Flynn spent most of her career at JPMorgan Case serving in multiple leadership roles, including Executive Vice President.
Terry Bernier, who has served as interim president and CEO of Marsh U.S. Consumer since November 2010, will assume the role of Chairman of the business unit.
"Liz brings more than 25 years of experience leading organizations through change to optimize their performance, and will be a terrific leader to take Marsh U.S. Consumer into an exciting new era,” said Joe McSweeny, President of Marsh’s U.S. and Canada Division, to whom Ms. Flynn reports. "Under Liz’s leadership, Marsh U.S. Consumer will be in an even better position to deliver industry-leading solutions to our clients.”
Mr. McSweeny added: "As interim president and CEO, Terry Bernier performed impressively and his 35 years of insurance industry expertise and strong client relationships will continue to be invaluable assets to Marsh U.S. Consumer.”
Ms. Flynn is based in New York and Mr. Bernier is based in Chicago.
About Marsh
Marsh, the world’s leading insurance broker and risk advisor, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has around 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a member of Marsh & McLennan Companies, a global professional services firm with 52,000 employees worldwide and annual revenue exceeding $10 billion, which is also the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. Follow Marsh on Twitter @Marsh_Inc.
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