Company has selected Peter French to head the new operation
Equity Risk Partners (ERP), an insurance brokerage and risk management consulting firm focussed on the needs of the private equity industry, has unveiled its new practice with the announcement of its Infrastructure and Privatization Group.
Equity Risk Partners has allocated its resources to start this business practice, which is in response to the allocation of capital by private equity firms to infrastructure and privatization projects. It is an effort to position itself for the expected influx of infrastructure and mixed-use development that will result from the impending economic recovery.
Equity Risk Partners has selected Peter French to head the new operation, leveraging his experience in construction and infrastructure insurance to navigate the nuances of the field. The Infrastructure and Privatization Group expands upon Equity Risk Partners’ existing practice areas, which include due diligence, employee benefits, property/casualty, personal risk management, risk management consulting, transactional products, services and trade credit/political risk.
Michael Marcon, CEO of Equity Risk Partners, said: “With billions of dollars dedicated to future infrastructure improvements combined with the trend towards privatization, we are expecting rapid growth in these areas as the economy rebounds. Our clients want to protect their investments and we play a meaningful role in helping them achieve that goal. We are thrilled that Peter’s vast experience allows us to offer these organizations such a valuable service.”
Peter French comes to Equity Risk Partners from Willis HRH where he served as the national practice leader for HRH’s construction practice. Prior to his time with Willis Group, he held a variety of senior-level positions with Marsh in the Denver, San Francisco, Los Angeles and San Diego offices, mastering the insurance business from all angles, said the company.