Mitchell Aucoin, Senior director, international insurance, Marriott International
Last year was a record one for Marriott International in terms of international expansion – the company secured many development contracts outside North America, particularly in Asia and Europe. According to Travel Daily News, Marriott opened more than 140 hotels and around 30,000 rooms outside of North America in 2017, including 18,000 rooms in Asia-Pacific and 5,800 rooms in Europe. Having signed more than 750 contracts last year, the company is continuing its expansion strategy with more than 200 projects in the pipeline, half of which are already under construction.
As head of international insurance for Marriott, Mitchell Aucoin is responsible for the company’s insurance coverage internationally, including the strategy, negotiation and procurement of various lines, from general liability to special risks. He also manages Marriott’s relationship with international broker and carrier networks in more than 80 countries. In addition, Aucoin serves as a consultant to the sales and operation departments in regions outside of North America, advising on contract negotiation, pricing and M&As.