Marsh has appointed two executive recruits, Michael Cormier and Michael Poulos.
Cormier, who recently led Marsh risk consulting, has been named head of portfolio development.
The new role, which is based in New York, involves supporting Marsh in accelerating growth and development through acquisitions, strategic alliances, and partnerships in line with the firm’s strategic priorities.
Poulos has joined the firm as head of client advisory services.
The role will oversee Marsh risk consulting and claims advocacy with responsibility for aligning these offerings.
He joins from Oliver Wyman, an operating company of Marsh & McLennan, where he was most recently head of the New York office and the leader of the firm’s financial services business in the Americas.
Peter Zaffino, president and CEO of Marsh, said: “Cormier and Poulos are proven leaders with excellent track records of delivering sustained growth and world-class advisory services.”
“With these appointments, Marsh will be better positioned to expand the firm’s capabilities to assist our clients to thrive in today’s increasingly challenging risk environment.”