In his new position, Donnelly will assume management of Marsh Specialty’s worldwide operations, encompassing numerous specialised areas resembling aviation, building, credit score specialties, power and energy, monetary {and professional} strains (FINPRO), marine and cargo, and personal equities, mergers and acquisitions (PEMA). Moreover, he will probably be answerable for Marsh’s world placement capabilities, together with all retail and worldwide placement hubs, portfolio options, insurer consulting, local weather and sustainability, captive options, and claims.