Marsh appoints Shaosen Cheng to lead Greater China client services - the Americas

Singapore, 26 September 2008
Marsh, the world’s leading insurance broker and risk advisor, has appointed Shaosen Cheng as a senior vice president and practice leader of the firm’s Greater China Client Services in the Americas.

Mr. Cheng, who reports to James M. Cowan, chairman of Asia Global Client Services - the Americas, will be based in the firm’s New York office.  He rejoins Marsh from Aon Risk Services, where he was senior vice president of International Casualty Brokerage and director of the North America China Business Group.

Previously, he was with Marsh for more than eight years and held various positions in client management and placement, focusing on global property and international programs for multinational clients.  Mr. Cheng also had been an adjunct professor at St. John’s University/College of Insurance and was an instructor for the People’s Insurance Company of China (PICC) executive training program in New York.

Earlier, Mr. Cheng was a visiting scholar at Sussex University, England. He also was an assistant professor in Political Science and International Relations of Renmin (or People’s) University of China, Beijing.

Mr. Cheng earned a B.A. degree in Political Science from Shandong University, Jinan, China; an M.B.A. in Insurance & Risk Management from St. John’s University, and an M.A. degree in International Relations from Renmin University. The author of several books, research papers, and articles, Mr. Cheng holds the CPCU and ARM professional designations.

Marsh’s Greater China Client Services, a global practice, provides risk consulting, insurance brokerage, and related services for businesses operating in China.  The practice also serves the risk and insurance needs of firms headquartered in China and expanding internationally beyond its borders.

Marsh’s China Client Services Practice enables clients to access consultants who have extensive understanding of China’s business and risk environment, as well as thorough knowledge of international business. The global practice has China-skilled risk specialists based in various areas of the world, including the U.S., Europe, Asia, Australia, and China.

In addition to working with businesses operating in and planning to enter China, Marsh’s China Client Services has worked with China businesses with a variety of needs.  Besides helping businesses expanding internationally beyond China’s borders, Marsh’s Practice also has been involved in supporting the transition of entities in China's state-owned sector as they privatize as part of the country’s economic reforms.

This process often involves entities renaming; partial listings on Shanghai and Hong Kong stock exchanges; entities being made responsible for their own profit and loss and balance sheets, and changing the reporting line away from government and ministerial department heads to management boards.


Contact
William Sargent
+65 8139 7400
william.sargent@marsh.com

About Marsh
Marsh, the world’s leading insurance broker and risk advisor, has 26,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with more than 55,000 employees and exceeding $11 billion of annual revenues. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Kroll, the risk consulting firm; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. MMC’s stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC’s Web Site is www.mmc.com.  Marsh’s Web site is www.marsh.com.