Guy Carpenter Announces U.S. Treaty Appointments

Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies (NYSE: MMC), today announced key appointments to its U.S. treaty operations. Peter Zaffino, formerly Head of the Eastern Region, has been named Executive Vice President and Head of U.S. Treaty Operations. In his expanded role, Mr. Zaffino will assume operational oversight for the firm’s Mid-America and Western regions and will retain responsibility for the Eastern Region. In addition, Charles Hewitt has joined the firm as Executive Vice President. Mr. Hewitt will play a significant role as a Co-Leader of the Eastern Region. He will be based in Boston, where he will establish a branch office and expand Guy Carpenter’s current capabilities in New England. "These changes reflect Guy Carpenter’s commitment to enhancing our existing strengths and building new capabilities to better serve our clients,” said Britt Newhouse, President of the firm’s Americas operations. "Peter’s leadership and operational skills will enhance our ability to deliver the finest risk management solutions to clients across the United States, while Chuck’s experience and strong industry relationships provide a significant boost to our capabilities in Boston and the rest of New England.” Mr. Hewitt joins Guy Carpenter from Benfield Group, where he has held a number of senior positions, most recently Executive Vice President and Senior Account Executive in Benfield’s Boston office. He holds both a Massachusetts Individual Property Casualty Broker license and a Massachusetts Individual Reinsurance Broker license. In addition to earning a Chartered Property Casualty Underwriter (CPCU) designation, Mr. Hewitt holds a bachelor’s degree in business from Harvard College and an MBA in money and banking from the Wharton School of the University of Pennsylvania. Guy Carpenter & Company, LLC is the world’s leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies. Guy Carpenter creates and executes reinsurance solutions and makes available capital market solutions* for clients worldwide through 2,600 professionals across the globe. The firm’s full breadth of services includes 16 centers of excellence in Accident & Health, Agriculture, Alternative Risk Transfer, Environmental, General Casualty, Investment Banking*, Life & Annuity, Marine & Energy, Professional Liability, Program Manager Solutions, Property, Retrocessional, Structured Risk, Surety, Terror Risk, and Workers Compensation. In addition, Guy Carpenter’s Instrat® unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm’s clients more successful. Guy Carpenter’s website address is www.guycarp.com. * Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Advice on securities or investments in the European Union is provided through GC Securities Ltd., regulated by the Financial Services Authority for the conduct of investment business in the United Kingdom. Reinsurance products are placed through qualified affiliates of Guy Carpenter. MMC Securities Corp., GC Securities Ltd. and Guy Carpenter are affiliates owned by Marsh & McLennan Companies.