Word on the Street
Carbon Motors™ Selects Marsh & McLennan Companies
New automotive OEM selects leading insurance broker
ATLANTA, Georgia, January 15, 2007 – Carbon Motors Corporation has selected Marsh & McLennan as its risk management partner. “As we build this new automaker, it is wonderful to have such a strong partner like Marsh to assist in the areas of general risk mitigation, human capital, insurance, and the like so that we are receiving sound professional advice along the way as we focus on the growth of our operations,” said William Santana Li, Chairman and CEO, Carbon Motors Corporation.
“We are pleased we can be involved with this great endeavor starting from the ground floor and working together to build a great enterprise. We are glad that Carbon has involved us and the early focus on risk mitigation will be a key enabler to long-term success,” commented Joseph W. Chapman, Jr., Managing Director, Marsh USA, Inc.
About Carbon Motors Corporation
Carbon Motors Corporation is a new American automaker with an innovative business model. Carbon is developing and will manufacture, distribute, and service an all-new purpose-built law enforcement patrol vehicle. The Carbon mission includes developing a new lower-volume capable vehicle platform, establishing a direct and efficient end-to-end supply chain, and continuing to foster public and private sector collaboration.
About Marsh & McLennan Companies
The companies of MMC are among the world’s leading global advice and solutions firms in the risk and human capital space. Through our expertise and commitment to excellence, we are dedicated to managing risk, maximizing growth, and creating value for our clients and shareholders. Our 55,000 colleagues in more than 100 countries help clients identify, plan for and respond to critical business issues and risks. For more information, visit www.marshmac.com .
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