Marsh, the world's leading insurance broker and risk adviser, has been ranked the number one international broker by Business Insurance in their issue dated 20 July 2009.
Since being tapped to become Marsh's chairman and chief executive officer in December 2007, Daniel S. Glaser has cut expenses, simplified the business, and focused the brokerage's efforts on delivering the right products and services to its clients.
Compared with 2007, “we're in a much better position,” said Mr. Glaser, a former London-based American International Group Inc. executive. “We're better organized. We're better financially. We're better strategically. Our colleague turnover is far, far lower. Our client retention is high, and our hit ratio on (request for proposals) is better.”
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