Marsh, a global leader in insurance broking and risk management, announced that David Marino has joined the firm to lead its US Construction Practice serving more than 1,200 clients and placing nearly $1 billion in premiums annually.
In this role, Mr. Marino will be responsible for ensuring that Marsh delivers its world-class risk advisory and transactional services to clients across the construction industry.
Mr. Marino brings to Marsh more than 20 years of insurance and construction industry experience. He joins the firm from Aon, where he previously served as regional managing director of the greater New York area. Prior to that, Mr. Marino led the New York operations of Allied North America.
At Marsh, Mr. Marino will be based in New York and will report to Don Bailey, head of Global Sales and US Industries.
Commenting on his appointment, Mr. Bailey said: “Marsh is committed to the construction industry and to delivering innovative solutions and advanced analytic capabilities that meet the evolving needs of today’s contractors and owners. I’m thrilled that David is joining the firm and leading this important industry segment.”
Mr. Marino added: “In today’s US construction market where margins are tight, contractors are seeking to partner with an advisor that can help assess their risks and opportunities and uncover ways to use working capital more efficiently. As a global leader in the construction industry, Marsh is uniquely positioned to provide the solutions that clients need. I look forward to leading this dynamic team and growing the business.”
With more than 600 colleagues around the world, Marsh’s Global Construction Practice serves more than 2,500 construction clients worldwide.
About Marsh
Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 27,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 57,000 colleagues worldwide and annual revenue exceeding US$13 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a leader in providing risk and reinsurance intermediary services; Mercer, a leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a leader in management consulting. Follow Marsh on Twitter @MarshGlobal, or on LinkedIn, Facebook and YouTube.
Feature Image Courtesy of Marsh