MEDIA RELEASE PR37046
Marsh Named 'Broker of the Year' in Asian Insurance Industry Awards for Third
Consecutive Year
SINGAPORE, Nov. 11 /PRNewswire-Asia-AsiaNet/ --
Marsh, the world's leading insurance broker and risk advisor, has been named 'Broker
of the Year' at the 13th Annual Asia Insurance Industry Awards. This is the third year
in a row and fourth time in five years Marsh has taken home this accolade.
The awards were the result of an extensive review process by a panel of over 20
international judges comprised of leading insurance industry professionals. The award
was judged according to the following criteria:
-- In-depth knowledge and understanding of the market through research
-- Responsiveness to customer needs
-- Innovation
-- Industry leadership
-- Business retention and growth
-- Sound financial management
-- Outstanding customer service resulting in business referrals
-- Professional standards
Alan Cheah, CEO of Marsh in Asia, said: "We are thrilled and honoured with this
achievement, as Marsh is focused on contributing its expertise to further develop the
insurance industry across Asia. This region is unlike any other, with mature markets
like Singapore and Hong Kong, to truly emerging markets such as China and Vietnam. I
would like to personally thank our 1,400-plus people across the region, who work
tirelessly to help clients manage risk in this constantly changing environment."
Alex Moczarski, President of International for Marsh, said: "These awards are yet
another testimony to Marsh's outstanding capabilities around the world and recognition
of the value we bring to our clients. I am particularly pleased that Asia, a significant
growth engine for Marsh, has been honoured as we continue to build awareness around risk
management and help clients turn risk into opportunity."
The awards are organised by the Asia Insurance Review and The Review, both leading
industry publications in Asia, covering the insurance, reinsurance, broking and risk
management industries across the region.
About Marsh
Marsh, the world's leading insurance broker and risk advisor, has 26,000 employees
and provides advice and transactional capabilities to clients in over 100 countries.
Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm
with more than 55,000 employees and annual revenue exceeding $11 billion. MMC also is
the parent company of Guy Carpenter, the risk and reinsurance specialist; Kroll, the
risk consulting firm; Mercer, the provider of HR and related financial advice and
services; and Oliver Wyman, the management consultancy. MMC's stock (ticker symbol: MMC)
is listed on the New York, Chicago and London stock exchanges. MMC's Web Site is
Contact:
William Sargent
Tel: +65-8139-7400
Email: william.sargent@marsh.com
SOURCE: Marsh