NEW YORK--(BUSINESS WIRE)--Marsh, a leading insurance broker and risk advisor, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE:MMC), today announced the appointment of Christopher Schaper as CEO of its managing general agent (MGA) business, the Schinnerer Group, effective immediately. Mr. Schaper will be based in Hamilton, Bermuda and report to John Drzik, President of Global Risk and Specialties.
In his role, Mr. Schaper will focus on the development and advancement of Marsh’s existing MGA businesses in the US and Canada, including Victor O. Schinnerer and Canadian MGA ENCON, and oversee the development of its MGA business internationally. He will also be responsible for developing innovative risk solutions for clients that leverage emerging capacity from capital markets, working closely with teams across Marsh and Guy Carpenter.
“Chris’ extensive industry and executive experience make him ideally qualified to lead the growth and development of our MGA business,” said John Drzik, President of Global Risk and Specialties. “We are pleased to welcome him to the Schinnerer Group.”
Mr. Schaper brings over 25 years of experience as a senior insurance executive and joins Schinnerer from Montpelier Re, where he most recently served as an Executive Officer within Montpelier Re Holdings, President of Montpelier Re Ltd. and Underwriting Chairman of Blue Capital, Montpelier’s capital markets entity. Previously, Mr. Schaper held several leadership positions at Endurance Specialty Insurance Ltd., including Chief Underwriting Officer and Head of Reinsurance, and Head of Casualty Treaty Reinsurance.
Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 30,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With annual revenue of US$13 billion and approximately 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a leader in providing risk and reinsurance intermediary services; Mercer, a leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a leader in management consulting. Follow Marsh on Twitter, @MarshGlobal; LinkedIn; Facebook; and YouTube.