Marsh & McLennan Companies’ (MMC) international employee benefits (EB) business Mercer Marsh Benefits (MMB) has appointed Hervé Balzano as leader of MMB international, effective 18 March.
Balzano will be responsible for ensuring the company meets the increasing demand for health and EB, especially in global growth markets.
Additionally, he will lead MMB in enabling firms to balance the need to attract and retain top talent by expanding their benefits offering while managing medical cost inflation.
Balzano will be based in London and also serve as MMB leader for Europe.
He brings more than 20 years of international experience in the insurance and EB industry and has previously held roles at AXA and Groupe Henner.
Balzano will report to Flavio Piccolomini, president of Marsh’s International Division, and Martine Ferland, currently group president of Mercer and, from 1 March 2019, president and CEO.
Ferland commented: “As firms around the world compete for talent and seek to increase workplace engagement, they are increasingly looking to their EB programme to give them a competitive advantage.”
“With his long experience in building compelling solutions globally, Hervé Balzano is well-placed to lead the rapidly-expanding MMB business.”
Piccolomini added: “Firms want to assist their employees to maintain a healthy lifestyle while effectively managing the increases in associated health-related costs, which are often well above inflation.”
“By ensuring we bring together our full suite of consulting, broking and technology solutions and services, Hervé will ensure we are able to meet the challenges of this fast-evolving sector.”