MMC Names New Marsh Chief Executive

New York — Marsh & McLennan Cos. Inc. announced that Daniel Glaser, an American International Group executive, has been named chairman and CEO of its Marsh Inc. brokerage subsidiary. The appointment is effective Dec. 10. Glaser will replace Brian Storms, who left as the chief executive of Marsh in September.

MMC said Glaser is currently the managing director of American International Group Europe (U.K.) Limited, and the regional president of AIG’s American International Underwriters, United Kingdom/Ireland division.

Glaser began his career in the insurance industry as a Marsh broker in 1982. He worked at Marsh for a decade, serving in roles in New York, London and Saudi Arabia.

In 2000, he joined AIG as president of the global energy division and, in 2002, was named managing director of AIG Europe (U.K.).

Source: Marsh & McLennan Cos. Inc.