Posts Tagged
Mercer
Susan Potter Named Region President for US and Canada at Mercer
Mercer, a leading financial services company and a subsidiary of Marsh McLennan, has announced the appointment of Susan Potter as the new Region President for the United States and Canada, effective January 22. This strategic promotion follows her successful tenure as Chief Commercial Officer since 2019. Potter’s promotion to this pivotal role comes at a time when Mercer is expanding its horizons, most notably with the planned acquisition of
Aptia’s Emergence in the Pensions and Employee Benefits Landscape
In a strategic move that reshapes the landscape of employee benefits and pension administration, Aptia has officially announced its launch. Formed by investment from Bain Capital Insurance, Aptia emerges as a formidable entity, boasting an impressive clientele of 1,100 global clients, thereby extending its services to support over 7 million individuals. A New Era in Benefits Administration? The firm is the result of a strategic acquisition of Mercer’s U.S.
Marsh McLennan Appoints Pat Tomlinson as Mercer’s New President
Leading global professional services company, Marsh McLennan (NYSE: MMC), specializing in risk, strategy, and human capital, has announced the appointment of Pat Tomlinson as the new President of Mercer. Mercer, a pivotal arm of Marsh McLennan, focuses on revolutionizing the work landscape, optimizing retirement and investment results, and promoting genuine health and well-being. Martine Ferland will continue her role as Mercer’s CEO and Marsh McLennan’s Vice Chair, supervising Mercer’s
Medical Costs Skyrocket: Staff Contributions Remain Steady Amidst Rising Healthcare Expenditures
The healthcare sector has been a focal point of economic discussions for years, with medical costs consistently on the rise. Recent data from Mercer’s National Survey of Employer-Sponsored Health Plans 2023 has shed light on this escalating issue, revealing that US employers anticipate a 5.4% surge in health benefit costs per employee in 2024. This projection comes even after employers have made adjustments to their plans to curtail this
Norman Dreger New CEO of Mercer Germany
Mercer appointed Norman Dreger as its new CEO in Germany
Sam Johnson named Global Consultant at Mercer
Mercer has appointed Sam Johnson as a Global Consultant effective September 2019. Johnson is based in London, UK. Johnson comes to Mercer from Fidelity Investments, where he worked in International Benefits. Prior to that he was a Global Benefits Consultant for Aon Risk Solutions and a futures trader for H2O Trading LLP. He holds a Master of Engineering in Mechanical Engineering, 1:1 from the University of Warwick.
Maud Sebenne Fagundes joins Mercer
Mercer France has announced that Maud Sebenne Fagundes has joined them as Account Manager, Global Benefits Management, effective October 2019. She will be based in Paris. Fagundes comes to Marsh France from Mercer Marsh Beneficios in São Paulo, Brazil. Previous to that, she was Senior International Account Manager for Sciath Benefit Solutions in São Paulo, Corporate Business Manager for Grupo Segurador Banco do Brasil e Mapfre, and Administrative Operations
Mercer Releases 2019 Quality of Living Rankings
Global consulting leader Mercer in March 2019 released its annual Quality of Living Rankings. Mercer’s global Quality of Living Survey compared 230 cities considered to be global assignment destinations for expatriates across multiple factors. These included political and social envrionment, consumer goods availability, housing, public services and transport, medical and healthcare, natural environment, school and education and recreation. The Top 10 ranked cities for 2019 are: Vienna, Austria Zurich,
What fuels innovation in health plans? Mercer Medical Trends
Rising medical costs and shifting health drivers fuel innovation in employer-sponsored health plans Medical costs continue to outpace general inflation by close to three times, with a global average 9.7% in 2018 with similar increases for 2019 and 2020, according to the Mercer Marsh Benefits (MMB) 2019 Medical Trends Around the World report, released in June 2019. A survey of 204 insurers across 59 countries, the report assesses how
Sylvia Pozezanac Named CEO, Mercer UK
Mercer UK in April 2019 named Sylvia Pozezanac as its CEO. She will replace Fiona Dunsire, who becomes Mercer’s global wealth leader. Pozezanac was previously senior managing director for Prudential Financial’s client management unit, based in New York. Prior to joining Prudential, she enjoyed a 26-year career with Willis Towers Watson in a number of senior leadership roles in retirement and insurance, and where she also oversaw elements of
Mercer promotes Alana Rae to Senior Associate
Mercer in April 2019 announced the promotion of Alana Rae to Senior Associate, based in Edinburgh. Her areas of expertise include providing consulting advice and managing broking activity on international risk and medical plans. Rae began her career at Mercer as an international benefits analyst based in London and moved up to assistant lead for Mercer’s Centre of Excellence for Mobility Benefits (EuroPac) in London. She relocated to Edinburgh
Steffen Zwick head Marketing and Communication for Mercer CH
Steffen Zwick in March 2019 joined Mercer Switzerland as Head of Marketing and Communication. He was before with Mercer as a Marketing Manager as well as Campaign Manager for content marketing and left to take a position as Senior Marketing Associate with Eaton Vance Management International in London. He has since returned to Mercer and is now located in Zurich. Zwick holds an MA in Linguistics from Heidelberg University.
Martine Ferland New CEO at Mercer
Global broker Marsh & McLennan Companies (MMC) in February 2019 announced the appointment of Martine Ferland as President and Chief Executive Officer (CEO) of Mercer. Ferland reports to MMC President and CEO Dan Glaser and joins the company’s Executive Committee. She joined Mercer in 2011 as Retirement Business Leader for Europe and Pacific regions. She then served as Europe and Pacific Region President and Co-President, Global Health, before being
Hervé Balzano Appointed Leader, International, Mercer Marsh Benefits
Mercer Marsh Benefits (MMB), Marsh & McLennan Companies’ (MMC) international employee benefits business, in February 2019 appointed Hervé Balzano as Leader of MMB International, based in London. He reports to Flavio Piccolomini, President of Marsh’s International Division, and Martine Ferland, President and CEO-elect of Mercer. Balzano will be responsible for ensuring MMB meets increasing demand for health and employee benefits, especially in global growth markets, as well as enabling firms
Marsh Acquires JLT
Marsh & McLennan (MMC) in September 2018 announced the acquisition of Jardine Lloyd Thompson (JLT) for $5.6 billion. Based in London, JLT is the eighth-largest insurance broker and employee benefits provider in the world as per 2016 revenues (1.55 billion). JLT was created in 1997 when Jardine Insurance Brokers merged with Lloyd Thompson Group. The firm operates in 40 countries with particular strength in the UK and Australia. MMC
Mercer Buys Investment Consulting Firm Pavilion
Marsh & McLennan (MMC)’s health, wealth and career consulting arm Mercer in August 2018 acquired the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial. Pavilion is a global investment services firm with about 300 employees, headquartered in Winnipeg, Canada. It has offices across North America, in London, U.K., and in Singapore. In the U.S., Pavilion focuses on the defined contribution (D.C.), endowment and foundation, healthcare and
Issiah Sakhabuth joins Mercer
Issiah Sakhabuth in August 2018 joined Mercer as a Principal in the Multinational Client Group based in London. Issiah worked previously for Aon as a Principal Consultant in the International Retirement Practice and for KPMG as a Senior Manager in the Tax & Pensions Practice, after beginning her career as an actuarial trainee for Lloyds Banking Group. She has extensive experience in advising companies on their international retirement and
AON France’s Bruno Valette (re)joins Mercer
Two years after joining AON France as its Global Benefits practice leader, Bruno Valette joins Mercer France as Client Relationship Director and Principal. Or, rather, rejoins, as Valette had spent 14 years with Mercer in Paris right before AON. Mercer was his first employer in the insurance sector from 1989 to 1997, to be followed by leading French broker Gras Savoye, soon to be a division of Willis –