Please elaborate on the importance of senior leadership at McCormick and the role they play in supporting the overall efforts of risk management People often think about capital expense as a big challenge and it is As the capital expense goes higher higher levels of buy in and support are needed by the corporation But perhaps more important is the effort on the part of staff at all levels to support the risk management process All of it has to get carried out at all different levels And so you can have some capital expense there and that gets tackled But if you don t have all the people in place to implement that then carry it forward in a sustainable way in the years to come you just don t have the benefit you would like to see And McCormick has done both of those things They ve supported the capital expense and the staffing and the level of support needed there as well Can you tell me about the Marsh team that works on this account We have client executive Mark Stevens Wherever we have touchpoints with McCormick throughout the world Mark has overall responsibility Sharon Walker is our property advisor who really understands the insurance terms conditions and things that those of us in risk control don t quite often get very involved with And then we have teams of people on a global basis particularly in the countries where McCormick is located to handle things locally from an insurance standpoint It really is about the team There s an extensive team at work either in the spotlight or behind the scenes making all of this happen Yes If people just get a glimpse of it they don t necessarily see that We also have a global council at McCormick that I participate in as do others on the FM Global engineering team There s a very high level of participation in the McCormick world FM Global engineering has local engineers at all the sites around the world Altogether you re talking about a very large team effort In your work over the three decades what impresses you about McCormick as an organization There s a tremendously high quality and sustainability They ve had a process in place for their products for many many years and they keep improving it They also have a long standing tradition of partner ship So internally for example they have had what they refer to as multiple management boards groups of people who get together to work on projects External companies like FM Global and Marsh are also partners with a vision toward long term relationships I believe this has been a key ingredient in how well this program has worked over many years One thing that s been great to see is the CONSTRUCTIVE PARTNERSHIP BETWEEN MCCORMICK FM GLOBAL AND MARSH even in the midst of some challenges There were times for patience persistence and perseverance JOHN KOESTER MARSH RISK CONSULTING 38 REASON ISSUE 2 2015

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