Marsh, the insurance broking subsidiary of Marsh & McLennan Companies, has announced the appointment of Daniel Glaser as chairman and CEO of the company.

Mr Glaser will join Marsh on December 10, 2007. Mr Glaser currently serves as managing director of AIG Europe and the regional president of AIG’s American International Underwriters, UK/Ireland division. He 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.

Michael Cherkasky, president and CEO of Marsh & McLennan, said: Dan has broad expertise in the insurance industry as well as first-hand knowledge of the Marsh organization. His perspectives as both a broker and an underwriter, coupled with his extensive international experience, make him the ideal candidate to take Marsh forward.