Marsh Names David Marino US Construction Leader
New York | August 17, 2015
Marsh, a global leader in insurance broking and risk management, announced today 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.
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.