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FOR IMMEDIATE RELEASE

SFM Elects Marsh & McLennan Agency’s Jill Lowder to Board

Jill Lowder was recently elected to SFM's board of directorsMINNEAPOLIS, June 15, 2015--Workers’ compensation insurer SFM on June 8 elected Jill Lowder, chief operating officer of Marsh & McLennan Agency’s (MMA) upper Midwest region, to its board of directors. She will also serve on the board’s investment committee.

These responsibilities will bring Lowder, and the rest of MMA, greater insight into the many factors affecting the property and casualty commercial insurance marketplace. SFM is a highly valued partner-level insurance carrier for MMA, and Lowder said she looks forward to working with its leadership and board.

“We have a long history with SFM and great respect for its leadership and people, so having Jill serve on its board is an honor for all of us,” Bill Jeatran, CEO of MMA’s upper Midwest region, said. “Her service will help MMA continue to influence the broader insurance industry to ensure that midsize and small employers get the services and products they need to help them grow and innovate.”

Prior to her election, SFM CEO Bob Lund said that Lowder’s selection as a candidate was based on her understanding of the insurance industry, rich business and operations background, and leadership with a dedicated agency partner.

“Our management team has tremendous respect for her, and I personally can’t think of a better candidate,” he said.

About Marsh & McLennan Agency

Marsh & McLennan Agency LLC, a subsidiary of Marsh, was established in 2008 to meet the needs of midsize businesses in the US. MMA offers commercial property, casualty, personal lines, and employee benefits to clients across the US.

About Marsh

Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 27,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 57,000 colleagues worldwide and annual revenue exceeding US$13 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; Mercer, a global leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter @MarshGlobal, or on LinkedIn, Facebook and YouTube.

About SFM

SFM is a customer-owned mutual insurance group providing workers’ compensation coverage and services to employers based in the Midwest. SFM offers workers’ compensation solutions for employers of all sizes, including claims and disability management, cost containment, legal assistance, and third-party administration. See www.sfmic.com.