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Press release

Duncan Ellis rejoining Marsh in new real estate and hospitality leadership role

New York | September 13, 2024

Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE:MMC), announced today that Duncan Ellis will rejoin Marsh on September 24, 2024, and will assume leadership of the US and Canada Real Estate & Hospitality (RE&H) Practice effective December 1.

Mr. Ellis spent 27 years at Marsh, the last 10 of which he served as US Property Practice and Alternative Risk Transfer Leader, before joining AIG as Head of Retail Property, North America General Insurance in 2019. He was named AIG’s North American Head of Retail Distribution in 2024. Mr. Ellis will join Marsh’s RE&H Practice and work closely with Paul Foye, current RE&H Practice Leader, on the leadership transition.

As RE&H Practice Leader, Mr. Ellis will be responsible for leading a team of industry specialists in delivering innovative risk solutions and insights to Marsh’s clients throughout the region. Mr. Ellis will be based in New York and report to Darren Cromwell, Managing Director and Marsh & Mercer Industry Practices Leader, US & Canada.

Commenting on the appointment, Mr. Cromwell said: “Duncan is a well-known and respected leader with a proven track record of innovation and growth. We welcome him back to Marsh and look forward to leveraging his extensive underwriting, broking, management, and market experience to empower our clients to thrive.”

I also want to personally thank Paul for his exceptional leadership and contributions to the practice during his 11-year tenure as RE&H Practice Leader. We are fortunate that our clients and colleagues will continue to benefit from his experience and expertise as he transitions into a senior client relationship role.”

About Marsh

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

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