Former USI CEO Eslick Named Chairman of New Marsh Retail Agency

Marsh has named David L. Eslick as chairman of Marsh & McLennan Agency LLC, its new agency for small and emerging growth U.S. companies.

Eslick, who has 30 years of experience in the insurance industry, most recently was chairman, president and CEO of USI Holdings. He led USI’s rapid expansion during the past five years to become the ninth largest insurance brokerage in the U.S., negotiating and completing more than 50 acquisitions in the process. Under his leadership, USI doubled its annual revenues.

He will work with Jack Butcher, who is president and CEO of the new agency.

In October, Marsh announced the establishment of Marsh & McLennan Agency offering commercial property and casualty, directors and officers liability, surety, employee benefits and personal lines products to customers through retail locations across the U.S.

Eslick joined USI in San Francisco in 1997, serving as a senior vice president of Sales. He became president and chief operating officer in 1999, and chairman, president and CEO in 2002.

He began his insurance career with Ohio National Life in 1979, and held positions with Prudential Insurance and Acordia (now Wells Fargo Insurance) before joining USI.

Marsh & McLennan Agency will begin operating in the coming weeks in select cities across the United States.

Source: Marsh