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Senior vice president and FINPRO client adviser, practice leader
Megan McClellan has been a broker in the Marsh L.L.C. FINPRO practice since March 2012. She advises clients on the evaluation and design of risk transfer solutions that address financial and professional exposures, including directors and officers liability, errors and omissions, cyber security and privacy liability, employment practices liability, fidelity and fiduciary liability. Prior to joining Marsh, she practiced law for nearly four years at Troutman Sanders L.L.P. Before attending law school, she worked for Marsh as a risk analyst in property/casualty lines in Washington for nearly three years.
Top industry concern
That women are still underrepresented in the insurance community. I frequently attend underwriting meetings. … I am often the only woman in the room or if there are other women (there), they are with Marsh or with a client. I’ve spoken to (industry) leaders and the view is shared. There are not enough women in the industry. We can do a better job of making women feel encouraged and supported.
What inspires you?
I sit on an advisory board for a nonprofit organization. One of the awards we give out is the youth awards. It’s given to a person under 21 who started a nonprofit. Every year I attend this gala, it always inspires me what these basically teenagers have already done for children around the world. So that inspires me to do something beyond my day-to-day work.
Next big thing in insurance
Wage and hour insurance has been around for years, but I am seeing a shift in the coverage for our larger clients. I am seeing more and more looking to procure the coverage. I see the next big thing as it being a standard product.
How do you unwind?
I have a (17-month-old) son. I really unwind by playing with him and then having dinner with my husband, without the cellphones out on the table.
Business Insurance’s Break Out Awards program honors 40 top professionals on track to be the next leaders in the risk management and property/casualty insurance field.