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Senior vice president, global risk management property practice
Pierce Perotti joined Marsh L.L.C.’s risk analyst program in 2007 after graduating from Dartmouth College. After spending several years in San Francisco, he moved to Los Angeles in 2012. Focusing on large global accounts, he was named a senior vice president in 2015.
Emerging risks in your specialty
In all specialties, cyber is the main emerging risk. For property specifically, what we are trying to figure out is where it should be covered and how it should be covered; it’s all pretty new and constantly changing. The industry itself needs to figure out which specialty is really going to be cyber-focused. There’s a lot of good arguments on both sides — the peril itself is not a traditional property peril, but the resulting first-party damage is very much traditional property, particularly around business interruption.
Best-kept secret about insurance
There’s a lot of fun travel required with the job. We go to London, Munich, Bermuda, Zurich a couple of times a year with various clients, and you end up doing a lot of fun domestic travel going to visit different clients’ sites in places that you never thought you would end up.
Something people don’t know about you
I can do a Rubik’s Cube in about a minute. I learned how to do it in college, and I use it as a mental distraction if I’m trying to solve a problem.
Hobbies and interests
I have a new daughter, and she’s pretty much dominating all my time right now. But I do a lot of fantasy baseball, and I played water polo through college.
The dream vacation that’s a little unattainable is I’d love to go to Antarctica, mostly because I would like to visit all the continents — but I just can’t find anybody else that has an interest in going.
The 2018 Business Insurance Break Out Awards highlight the potential future leaders of the insurance and risk management sector from across the United States.