Marsh Launches Global Alternative Risk Solutions Practice: Aiming to Revolutionize Risk Management

Marsh, a global insurance broker, has announced the formation of its new global alternative risk solutions practice. This practice will bring together Marsh’s expertise in parametric solutions, alternative risk transfer, captives, and complex risk to create innovative risk solutions for clients.

The new unit will integrate capabilities from Marsh’s specialty, global placement, captive solutions, and advisory divisions, as well as collaborate with sister company Guy Carpenter to access large capital pools. Christophe Letondot, a seasoned professional with 30 years of financial services experience, will lead the global alternative risk solutions practice.

Letondot’s leadership will focus on leveraging data-driven insights and cutting-edge technologies to empower clients to thrive in a complex risk landscape. Pat Donnelly, president of specialty and global placement at Marsh, emphasized the commitment to providing clients with accessible and advanced risk management solutions through the new practice.

The launch of the global alternative risk solutions practice demonstrates Marsh’s dedication to being a forward-thinking risk advisor and helping clients navigate the evolving risk landscape with confidence and resilience. Share your thoughts on this exciting development in the comments below.