Marsh launches new global alternative risk solutions practice
Global brokerage Marsh has launched a global alternative risk solutions practice to be led by a 30-year financial services veteran who spent nearly a decade with Marsh working on alternative risk transfer, structured credit, and parametric solutions.
The new practice brings together Marsh‘s capabilities in parametric solutions, alternative risk transfer, captives, and complex risk. It will leverage the company's resources, data, and technologies to drive innovation and accelerate the development of new risk solutions.
Global Alternative Risk Solutions will be led by Christophe Letondot, a seasoned professional with 30 years of experience in financial services. He will report to Pat Donnelly, president of Marsh specialty and global placement, and also work closely with John Donnelly, global head of placement, and other Marsh leaders.
The practice aims to align existing capabilities from Marsh specialty, global placement, captive solutions, and advisory. It also will work with Guy Carpenter to access broad capital pools, including insurance linked securities markets, for corporate clients.
Donnelly said: “Global Alternative Risk Solutions represents our commitment to being the risk advisor of the future and providing clients with easily accessible, cutting-edge risk management solutions. This practice will empower our clients to navigate the ever-changing risk landscape with confidence and resilience.”
Letondot said: “Leading Global Alternative Risk Solutions is an incredible opportunity to drive innovation and shape the future of risk management. Together, we will embrace data-driven insights and cutting-edge technologies to unlock new opportunities and empower our clients to thrive in an increasingly complex risk landscape.”
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