Posted on 24 Nov 2009
Marsh, a leading insurance broker and risk advisor, announced on Monday that Jean Demchak, global leader of the Education Practice, will assume additional responsibilities as leader of the firm’s Public Entity Practice.
"Jean's proven leadership ability, knowledge of the complex risks facing public entities today, and strong client focus are tremendous assets as we strive to expand Marsh's presence in the public sector," said Timothy Mahoney, president of Marsh's Global Risk Management division and leader of the firm's Industry Practices. "Marsh has set the industry standard in helping clients in the education sector understand, assess, and manage the myriad exposures confronting them today. With Jean now running our Public Entity practice as well, we are in position to bring creative solutions and thought leadership to a wide range of clients in all areas of the public sector."
A professional in risk and insurance services for 26 years, Ms. Demchak has distinguished herself in the education sector. This year, she was appointed to the board of directors of the University Risk Management and Insurance Association (URMIA), for which she has chaired numerous committees during the course of her career.
Early in her career at Marsh, Ms. Demchak began focusing on higher education and the public sector, working on the development of consortia or group programs, innovative product designs, and customization of coverage documents.
Worldwide, Marsh's Public Entity Practice has more than 300 professionals, whose experience encompasses the spectrum of governmental and insurance risk management. These specialists are experienced practitioners in public entity risk management, insurance brokerage, self-insurance pool formation and administration, and alternative risk financing programs.
Marsh's Global Education Practice, which includes a network of more than 650 dedicated Marsh education and risk professionals throughout the U.S. and in all parts of the world, serves more than 1,500 higher education clients in the U.S. and several hundred additional colleges, universities, and private educational institutions around the world. The firm has maintained a dedicated Education Practice that dates back more than four decades, serving clients in higher education, public and private K-12, for profit institutions, libraries and consortia programs.