Marsh, the insurance broking division of Marsh & McLennan Cos., announced that Douglas Schwab has rejoined the firm as its new East and Central zone mining leader.In this newly-created position, Schwab will be responsible for ensuring consistent delivery of advisory and transactional services to Marsh’s clients in the East and Central zones, which include offices in 30 states.
Based in Pittsburgh, Schwab will report to Ken Sloan, Marsh’s U.S. mining practice leader.
Schwab brings to Marsh more than 30 years of mining and energy insurance industry experience, as a broker, underwriter, and risk management professional. He rejoins Marsh from Wells Fargo Insurance Services, where he was a senior vice president within its energy and mining practice.
He has also held positions at Chubb, Consolidated Natural Gas Co., and Marine Office of America Corp. He was previously an account executive and producer in Marsh’s Pittsburgh office from 1987 to 1991.
Headquartered in New York, Marsh & McLennan Cos. is a global team of professional services companies that include: insurance broking and risk management provider Marsh; risk and reinsurance intermediary services provider Guy Carpenter; human resource consulting firm Mercer; and management consulting firm Oliver Wyman.