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Marsh Appoints Peter Mavraganis as U.S. Renewable Energy Practice Leader
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Marsh, the world's leading insurance broker and risk advisor, announced today the appointment of Peter Mavraganis as U.S. leader of its Renewable Energy Practice. In this role, he will oversee Marsh's support for its clients in renewable energy development, including solar, wind, biomass, and biofuel energy projects.

Mr. Mavraganis brings more than 35 years of experience in energy, power, utilities, and environmental risk management and insurance to the role. He succeeds Mark Fishbaugh, who will now lead Marsh efforts in support of clients involved in the construction of new U.S. nuclear facilities. Mr. Fishbaugh will also remain a key member of Marsh's Renewable Energy team.

"As they pursue unprecedented opportunities in the renewable energy arena, energy companies need risk management and insurance advice they can trust from professionals who understand their business and the emerging risks they face," said Dan McGarvey, Chairman of Marsh's U.S. Power and Utility Practice. "Peter Mavraganis' broad expertise in the environmental, energy, and utilities marketplaces will ensure Marsh continues to deliver superior brokerage and risk advisory services to our renewable energy clients. Peter's appointment demonstrates Marsh's commitment to remaining the leading broker to the renewable energy sector."

Mr. Mavraganis is based in Marsh's New York office and will report to Mr. McGarvey.

Marsh's U.S. Renewable Energy Practice provides complete risk management and insurance services to energy, power, and utility clients. Marsh's  Power and Utility Practice serves more than 250 U.S. utility clients, including more than two-thirds of the gas and electric utility companies on the 2010 Fortune© 500 list.


About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; Mercer, a global leader in human resource consulting and related services; and Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter @Marsh_Inc.

 

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Sally Roberts
303 952 9453
Sally.Roberts@marsh.com

Anand Poola
212 345 4292
Anand.Poola@marsh.com