New York | October 4, 2023
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, announced today the appointment of Michael Pellegrini as head of Marsh Specialty in the US and Canada. In this role, which is effective immediately, Mr. Pellegrini will oversee Marsh’s Aviation, Construction, Credit Specialties, Energy & Power, Financial and Professional Lines (FINPRO), Marine, Cargo and Logistics, and Private Equities, Mergers & Acquisitions (PEMA) businesses within the regions.
Mr. Pellegrini has been with Marsh for more than 20 years, joining as a Risk Analyst in the firm’s one-year training program for recent college graduates in 2002. During his time at the firm, he has held a number of key leadership roles within the marine and cargo sector, most recently serving as Marsh’s North American Marine, Cargo, and Logistics Practice Leader – a role he will maintain until a replacement is identified.
Based in San Francisco, Mr. Pellegrini succeeds Michelle Sartain, who Marsh appointed President of US and Canada in July. In his new role, Mr. Pellegrini will work closely with Ms. Sartain and report to Pat Donnelly, President, Marsh Specialty and Global Placement.
Commenting on his appointment, Mr. Donnelly said: “Michael is an outstanding leader with extensive knowledge of the firm, deep commitment to talent development, and proven success. Colleagues and clients alike in the US and Canada will be well-served under Michael’s leadership, as they navigate today’s challenging risk environment.”
Mr. Pellegrini added: “I’m thrilled to be leading this team of talented professionals at Marsh during this dynamic time. Together, we are committed to exploring new possibilities and delivering exceptional value to our clients."