Michelle Sartain to succeed Mr. Donnelly as President of Marsh US
New York | July 24, 2023
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, today announced that Pat Donnelly has been appointed as President, Marsh Specialty and Global Placement, effective immediately. Mr. Donnelly will continue to be based in Chicago and reports to Martin South, President and Chief Executive Officer, Marsh.
In this role, Mr. Donnelly will oversee Marsh Specialty’s global business, which includes the specialties of Aviation, Construction, Credit Specialties, Energy & Power, Financial and Professional Lines (FINPRO), Marine & Cargo, and Private Equities, Mergers and Acquisitions (PEMA). His responsibilities also include Marsh’s Global Placement capabilities, with responsibility for all retail and international placement hubs, Portfolio Solutions and Insurer Consulting, Climate and Sustainability, Captive Solutions, and Claims.
Mr. Donnelly brings over 25 years of experience to the post and has led Marsh’s US business since January 2022. From 2019 he was Head of Marsh Specialty for Marsh US and Canada, when JLT was acquired by Marsh McLennan, and was previously CEO of JLT Specialty US.
As President of Marsh US, Ms. Sartain will oversee Marsh’s insurance brokerage and risk advisory businesses across the country. She will continue to be based in New York and reports to Mr. South and Pat Tomlinson, CEO of Marsh McLennan US and Canada. Ms. Sartain was previously Head of Marsh Specialty for the US and Canada, and has more than 25 years of experience serving in roles of increasing responsibility at Marsh.
“Pat and Michelle are exceptional leaders; their appointments are a testament to the incredible talent and expertise that exists within our organization,” said Mr. South. “With their experience and leadership, our colleagues across Marsh and Marsh McLennan will be empowered to further accelerate client impact through enhanced collaboration, providing them with data-led solutions to manage risk effectively and continue to thrive.”
Mr. Donnelly added: “Clients today are facing some of the most challenging and complex risks for many generations. I am honored to lead Marsh Specialty and Global Placement at this time, to work with our colleagues globally to continue delivering on our client promises and contributing to their success.”
Ms. Sartain said: “I look forward to leading Marsh US’s talented team, who continually strive to support our clients as they navigate today’s most pressing risk issues and increase their resilience to new and emerging shocks.”