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Marsh Honored at Inaugural Business Insurance US Insurance Awards

Business Insurance has named Marsh, AES Corp., and American International Group Inc. “Risk Management Team of the Year” in its inaugural US Insurance Awards, which highlight exceptional work by insurance professionals across the commercial insurance industry over the last two years.

The award recognized the collaboration of Marsh, AIG, and AES -- a US-based power giant with critical assets in 16 countries around the world – for the design and implementation of a first-of-its-kind combined solution that embeds terrorism and resultant damage cyber coverage within AES’s existing global captive property program. The unique approach eliminated potential gaps between policies, provided additional limits, and expanded cover to all AES insured assets.

“This is terrific recognition of Marsh’s continuous efforts to develop solutions that directly respond to clients’ most pressing concerns,” said Paul Whitstock, US Power & Utilities Practice Leader.

More about the award win can be found in this Business Insurance article.