Willis taps Marsh exec as global alternative risk transfer chief
Reprints
Willis Group Holdings P.L.C. has named former Marsh Ltd. executive Marc Paasch to the newly created position of global head of alternative risk transfer solutions, the broker announced Monday.
Based in New York, Mr. Paasch reports to John Merkovsky, Willis' global head of risk and analytics, Willis said.
Mr. Paasch joins from Marsh, where he was managing director, head of analytics and co-head of risk consulting in Europe, according to the statement.
“The addition of Marc to our risk and analytics team will enable Willis to leverage the risk insights gained through our cutting-edge analytics to deliver alternative techniques to hedge and transfer risk,” Mr. Merkovsky said in the statement.
Read Next
-
Captive insurers help fill niche needs
ORLANDO, Fla. — Captive insurers can offer companies more options when it comes to building an insurance program, from allowing greater control over coverages to addressing an issue neglected by the marketplace, a panel of industry executives said at the Captive Insurance Companies Association's international conference in Orlando, Florida.
