Insurance coverage dealer Marsh has named Michael Pellegrini as its new specialty head for the US and Canada.

Pellegrini, whose appointment is efficient instantly, might be liable for managing numerous companies inside these areas.

The companies embody aviation, cargo and logistics, building, credit score specialties, vitality & energy, monetary {and professional} traces (FINPRO), marine, and personal equities, and mergers & acquisitions (PEMA).

Based mostly in San Francisco, Pellegrini succeeds Michelle Sartain, who was named president of the US and Canada in July this 12 months. 

In his new position, Pellegrini will report back to Marsh Specialty and World Placement president Pat Donnelly and in addition collaborate with Sartain.

Donnelly mentioned: “Michael is an impressive chief with in depth information of the agency, deep dedication to expertise improvement, and confirmed success. 

“Colleagues and purchasers alike within the US and Canada might be well-served underneath Michael’s management, as they navigate immediately’s difficult danger atmosphere.”

Pellegrini joined Marsh greater than twenty years in the past and served in varied management positions within the marine and cargo sector through the years.

His newest stint was North American Marine, Cargo and Logistics follow chief for the corporate. Pellegrini will parallelly handle this position till Marsh finds a alternative.

Pellegrini mentioned: “I’m thrilled to be main this staff of proficient professionals at Marsh throughout this dynamic time. 

“Collectively, we’re dedicated to exploring new potentialities and delivering distinctive worth to our purchasers.”

Marsh McLennan lately named Toni Ferrier because the CEO of McLennan New Zealand and president of Marsh New Zealand.