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FOR IMMEDIATE RELEASE

ST. JOHNS’S UNIVERSITY AWARDS MMA’S FLEMING AND JEATRAN WITH INAUGURAL ENTREPRENEURS OF THE YEAR AWARD

AWARD PRESENTED BY THE DONALD MCNEELY CENTER FOR ENTREPRENEURSHIP

September 8, 2011

Tim Fleming, president of Marsh & McLennan Agency, and Bill Jeatran, MMA’s CEO, were jointly selected as St. John’s University’s inaugural Entrepreneurs of the Year. The award was presented by the Donald McNeely Center for Entrepreneurship at the College of Saint Benedict and Saint John’s University.

The Donald McNeely Center is dedicated to engage, connect and serve CSB and SJU students, faculty, alumnae/i and friends with entrepreneurial spirit, transforming them into leaders of successful value creating enterprises in both not-for-profit and for-profit arenas. By presenting these awards, the Donald McNeely Center recognizes and celebrates successful alumnae/i entrepreneurs who embody the entrepreneurial spirit and demonstrate the Benedictine values in their professional and personal lives.

Fleming and Jeatran are both 1982 graduates of SJU. They founded Marsh & McLennan Agency (now Marsh & McLennan Agency), and over the past 25 years have transformed the business from a $100,000-revenue insurance agency into a $25 million-revenue risk prevention organization.

“To break through within an industry like insurance requires changing how people perceive you,” said Jeatran. “We knew this from early on, and set about doing that not only for MMA but also—to the extent possible—for the broader industry. We’ve stated that the company’s success will follow as a direct result of our people doing the right thing, by working according to a set of values. This was the foundation for all we do and have done, and has enabled us to sustain a company that is seen as an industry leader.”

Fleming added: “Our biggest challenge to gaining a new customer is often their impression of how an insurance agent or firm ‘should’ work. We ask our employees, clients and broader business public to think about insurance differently. Rather than considering how much insurance is needed to ensure adequate protection, we ask, ‘What can we do to eliminate or reduce the need for insurance?’ and ‘How can we help that company’s employees become healthier, safer, engaged, and more productive?’”

The award will be presented Sept. 8 at a luncheon event at the IDS Tower in Minneapolis.

More information about St. John’s University is at www.csbsju.edu.