The new practice is designed to harness Marsh’s extensive resources, data, and cutting-edge technology to propel innovation and develop advanced risk solutions tailored to clients’ needs.
The initiative brings together the capabilities of Marsh Specialty, Global Placement, Captive Solutions, and Advisory under one cohesive umbrella. Additionally, the practice will collaborate with Guy Carpenter to tap into diverse capital sources, including the insurance-linked securities markets, to provide corporate clients with a comprehensive and integrated risk capital optimization approach.
Christophe Letondot, a veteran in the financial services industry with 30 years of experience, including nearly a decade with Marsh, will lead the new practice. Letondot has expertise in alternative risk transfer, structured credit, and parametric solutions. He will report directly to Pat Donnelly, President of Marsh Specialty and Global Placement, and will work closely with John Donnelly, Global Head of Placement, along with other Marsh leaders to deliver seamless and innovative capabilities to 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 also commented, saying: “Leading Global Alternative Risk Solutions is an incredible opportunity to drive innovation and shape the future of risk management.”
He added: “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.”
