02.03.2006 09:00:00

Shaun Scade Joins Guy Carpenter - London

Guy Carpenter & Company, Inc., the leading global riskand reinsurance specialist and a part of the Marsh & McLennanCompanies (NYSE: MMC), today announced that Shaun Scade will join thefirm as a Senior Vice President and head of its Accident & Health(A&H) Specialty Practice in London.

Mr. Scade will report to Nick Frankland, Managing Director andhead of Guy Carpenter's UK Casualty Practice, in London, and DeanKidd, leader of Guy Carpenter's global A&H Specialty Practice, inPhiladelphia.

Mr. Frankland said, "We are delighted to have one of the A&Hmarket's leading practitioners head our business in London. Shaun'sarrival underlines our commitment to further developing our presenceand expertise in this sector."

Prior to joining Guy Carpenter, Mr. Scade was an ExecutiveDirector of Aon Re's Accident, Health & Life team, where he workedsince 1995. He also worked at C.T. Bowring as a North America Propertyand Accident & Health broker, and he was recruited to Nicholson Leslie(ultimately Aon) to develop accident and health reinsurance.

Guy Carpenter & Company, Inc. is the world's leading risk andreinsurance specialist and a part of the Marsh & McLennan Companies,Inc. Guy Carpenter creates and executes reinsurance and riskmanagement solutions for clients worldwide through 2,600 professionalsacross the globe. The firm's full breadth of services includes 16centres of excellence in Accident & Health, Agriculture, AlternativeRisk Transfer, Environmental, General Casualty, Investment Banking*,Life & Annuity, Marine & Energy, Professional Liability, ProgramManager Solutions, Property, Retrocessional, Structured Risk, Surety,Terror Risk, and Workers Compensation. In addition, Guy Carpenter'sInstrat(R) unit utilises industry-leading quantitative skills andmodelling tools that optimise the reinsurance decision-making processand help make the firm's clients more successful. Guy Carpenter'swebsite address is www.guycarp.com.

*Securities or investments, as applicable, are offered in the (i)United States through MMC Securities Corp., a US registeredbroker-dealer and member NASD/SIPC, and (ii) European Union throughMarsh Advance Risk Solutions Ltd. ("MARS Ltd."), regulated by theFinancial Services Authority for the conduct of investment business inthe United Kingdom. Reinsurance products are placed through GuyCarpenter and insurance products are placed through qualifiedaffiliates of Guy Carpenter. MMC Securities Corp. and MARS Ltd. areaffiliates of Guy Carpenter.

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