Marsh Launches New Global Rail Practice

July 15, 2010

Insurance broker Marsh has appointed three industry veterans to its new Global Rail practice.

Jim Beardsley joins the unit as Global Leader. Joining him are Jim Wolfarth as senior vice president, Casualty, and John Raymond as senior vice president, Property.

Beardsley has nearly 30 years of insurance brokerage, including more than 15 years in the rail industry. He joins from Aon, where he led its rail practice. Prior to Aon, Beardsley also held senior positions at Willis and Alexander & Alexander. He will be based in Marsh’s Baltimore office.

Wolfarth also joins Marsh from Aon, where he was a client executive and senior casualty broker, working with some of the largest freight and passenger railroads in North America. He brings more than 25 years of insurance brokerage experience to Marsh, including 15 years in the rail industry. He began his career at Willis. He will be based in Baltimore.

Raymond brings 22 years of insurance brokerage experience to Marsh, including 10 years in rail. He joins from Willis Risk Solutions, where he was a senior vice president specializing in property. He rejoined Willis in 2007, after beginning his career there in 1988 as a property broker. He also spent a decade at Aon as a senior property broker in its national rail practice. He will be based in Philadelphia.

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Source: Marsh

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