Marsh appoints Julie Boucher to lead US captive management operations

first_imgMarsh, the world s leading insurance broker and risk advisor, has appointed Julie S. Boucher as leader of the firm s U.S. Captive Solutions Practice, which currently manages nearly 350 captive insurance companies in seven major U.S. domiciles and has 114 employees.Ms. Boucher, a managing director of Marsh based in the Burlington, Vermont office, will be responsible for the growth and development of the U.S. captive domicile operations, including Vermont, Connecticut, New York, South Carolina, Nevada, Arizona and Hawaii. Ms. Boucher, who has been with Marsh for 21 years, has held a number of management positions with the firm.  Most recently, she was head of the firm s Captive Solutions Practice in Vermont, where she was responsible for overseeing all aspects of the firm s captive management and servicing operations in the state.  She also has been involved in establishing Marsh s operations in a number of existing U.S. captive domiciles.A certified public accountant, Ms. Boucher earned a B.S. degree in Accounting from the University of Southern Louisiana.  A member of the Vermont Society of CPAs and the AICPA, Ms. Boucher is active in the Vermont Captive Insurance Association and formerly served on the state s Captive Advisory Board.With nearly 450 employees in 31 captive insurance domiciles worldwide, Marsh s Captive Solutions Practice currently manages more than 1,100 captive insurance companies.  The Practice provides a full range of captive management services, including actuarial, auditing, benchmarking, captive assessments, and related advisory and consulting services, such as captive feasibility studies, strategic reviews, and assistance with domicile selection.Headquartered in New York, Marsh has 24,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies, Inc. (MMC), a global professional services firm with more than 54,000 employees and annual revenue exceeding $11 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; Oliver Wyman, the management consultancy; and Kroll, the risk consulting firm. MMC s stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC s Web Site is www.mmc.com(link is external) . Marsh s Web site is www.marsh.com(link is external).Source: Marsh. BURLINGTON, Vermont, April 7, 2009last_img read more