Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced that Pat Donnelly has been appointed as President, Marsh Specialty and Global Placement, effective immediately. He will continue to be based in Chicago and reports to Martin South, President and Chief Executive Officer, Marsh.

In this role, Donnelly will oversee Marsh Specialty’s global business, which includes the specialties of Aviation, Construction, Credit Specialties, Energy & Power, Financial and Professional Lines (FINPRO), Marine & Cargo, and Private Equities, Mergers and Acquisitions (PEMA).

His responsibilities also include Marsh’s Global Placement capabilities, with responsibility for all retail and international placement hubs, Portfolio Solutions and Insurer Consulting, Climate and Sustainability, Captive Solutions, and Claims.

Pat Donnelly brings over 25 years of experience to the post and has led Marsh’s US business since January 2022. From 2019 he was Head of Marsh Specialty for Marsh US and Canada, when JLT was acquired by Marsh McLennan, and was previously CEO of JLT Specialty US.

Marsh informed that Michelle Sartain will succeed Donnelly as President of Marsh US

As President of Marsh US, Michelle Sartain will oversee Marsh’s insurance brokerage and risk advisory businesses across the country. She will continue to be based in New York and reports to Martin South and Pat Tomlinson, CEO of Marsh McLennan US and Canada. Michelle Sartain was previously Head of Marsh Specialty for the US and Canada, and has more than 25 years of experience serving in roles of increasing responsibility at Marsh.