London, 17 August 2010 – Marsh has promoted Richard Waterer to the newly created role of Head of Operational Risk for Marsh Risk Consulting (MRC) in the UK. Mr Waterer will report to Jeff Colburn, UK MRC Leader.
Mr Waterer will be responsible for the Property Risk Consulting and Workforce Strategies teams. He will lead the development of the teams’ services, people, client and insurance market relationships, and will also be the lead consultant on a number of key client projects.
Mr Waterer has worked for Marsh for ten years in a variety of commercial and management roles, all in risk management consulting. Before joining Marsh he held senior positions within the business continuity and disaster recovery industry.
Commenting on Mr Waterer’s new role, Mr Colburn remarked: “Richard’s promotion is testimony to the excellent work he has done since joining Marsh in assisting our clients better manage their most complex risks. Richard will lead MRC’s efforts in ensuring we continue to deliver market-leading property and health and safety services to our clients, while maintaining our strong relationships within the insurance marketplace.”
Mr Waterer added: “I am excited to be leading such an important and talented team within Marsh Risk Consulting. The management of risk for assets and people will always be a priority for our clients, and I am looking forward to ensuring that they continue to get expert advice and services from Marsh.”
About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 26,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of
Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 53,000 employees worldwide and annual revenue exceeding $11 billion, Marsh & McLennan Companies is also the parent company of
Guy Carpenter, a global leader in providing risk and reinsurance intermediary services;
Mercer, a global leader in human resource consulting and related services; and
Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter
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