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Sarah Stephens named Head of Cyber, International at Marsh JLT Specialty

10th January 2020

Global re/insurance brokerage Marsh has announced the appointment of Sarah Stephens as Head of Cyber, International, within Marsh JLT Specialty, effective immediately. Stephens will serve in this newly created role in addition to her current position as Cyber, Media & Technology Leader within the UK FINPRO Practice. She will take responsibility for ... Read the full article

Marsh enhances commercial real estate program

10th January 2020

Global re/insurance brokerage Marsh has added several coverage enhancements to its ZMAX commercial real estate insurance program, including cyber liability. Marsh said that the enhancements were designed to address potential gaps in insurance coverage faced by US mid-size commercial real estate firms. ZMAX plus is a single-carrier solutions that aims to help ... Read the full article

Marsh appoints Walsh head of corporate division office, Leeds

17th December 2019

Global re/insurance brokerage Marsh has appointed John Walsh as head of office, corporate division in Leeds. Walsh, who has been with Marsh for over six years, reports to Allan McPherson, regional managing director for North of England & Scotland, Corporate Division. In his new role as head of office in Leeds, Walsh ... Read the full article

Carlos Rivera named CEO of Marsh’s LatAm Fac division

6th December 2019

Carpenter Marsh Fac, Marsh and Guy Carpenter's Latin American facultative reinsurance intermediary, has announced the appointment of Carlos Rivera as Chief Executive Officer (CEO), based in Bogota, Colombia. In his new role, Rivera will report to Dean Klisura, President, Global Placement and Advisory Services, Marsh and Ricardo Brockmann, CEO of Marsh ... Read the full article

Guy Carpenter & Victor target enhanced US public entity offering

5th December 2019

Guy Carpenter, the reinsurance broking arm of Marsh & McLennan, has announced that Victor US, which is the US business of affiliate Victor, is to offer Guy Carpenter clients who are members of US public entity insurance pools with a range of property and casualty (P&C) solutions not traditionally offered ... Read the full article

Marsh names Anita Sathe global head of Bluestream platform

4th December 2019

Global re/insurance brokerage Marsh has appointed Anita Sathe global leader of its cloud-based digital broker platform Bluestream, as well as leader of its US Affinity business. Sathe is based in Portland, Oregon and will report to Kevin Tobin, president of Marsh’s Insurance Services Group. She brings over 15 years’ experience to the ... Read the full article

Marsh recruits Chemicals & Life Sciences leader from Munich Re

27th November 2019

Global re/insurance brokerage Marsh has announced the appointment of Jenny Yu as Chemicals and Life Sciences Industry Practice Leader for the UK & Ireland. Yu joins Marsh from Munich Re, where she most recently served as Life Science Risk Solutions Leader. She has spent the last nine years at Munich Re in ... Read the full article

John Drzik steps down as head of Marsh division, takes advisory role

22nd November 2019

Global re/insurance brokerage Marsh has announced that John Drzik will step back from his full time responsibilities as President of the Global Risk and Digital (GR&D) division, effective January 1, 2020. Drzik will, however, remain involved with the business as a senior advisor, working with John Doyle, President and CEO of ... Read the full article

Arch & Marsh develop $150mn policy for crypto security firm Ledger

15th November 2019

Arch Insurance (UK) Limited and Marsh have collaborated to provide a customised crime insurance program that covers digital assets secured by the Ledger Vault platform. Ledger Vault is a core business unit of Ledger, a security firm for cryptocurrencies and blockchain applications. It provides information technology infrastructure for financial institutions to securely ... Read the full article

Global commercial insurance pricing up 8% in Q3: Marsh

11th November 2019

Marsh's Q3 global insurance market index shows that commercial insurance pricing increased for the eighth consecutive quarter. The index offers a proprietary measure of global commercial insurance premium pricing change at renewal. Average commercial insurance pricing increased 8% in the third quarter of 2019, the largest increase since the survey began in ... Read the full article

Marsh & McLennan Agency promotes Paul Hering to Vice Chairman

22nd October 2019

Global re/insurance broker Marsh's middle market agency, Marsh & McLennan Agency LLC (MMA), has appointed Paul Hering to the newly created position of Vice Chairman. In his new role, Hering takes responsibility for helping to lead the firm's key growth strategies, which includes talent development, acquisitions, and carrier relations. He will ... Read the full article

Guy Carpenter appoints Samengo-Turner as Global Facultative Leader

17th October 2019

Guy Carpenter, the reinsurance broking arm of Marsh & McLennan Companies, has announced the appointment of Dominic Samengo-Turner as Global Facultative Leader, while Simon Delchar takes over as Head of Marsh JLT Specialty, Asia. Samengo-Turner will relocate to London and will report to John Trace, Chief Executive Officer (CEO), North America, ... Read the full article

TRIPRA expiration could cause “domino effect” of price rises: Marsh CEO

17th October 2019

John Doyle, President and CEO at Marsh, has warned that a failure to renew the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) could cause a “domino effect” of price increases across multiple re/insurance lines. Doyle recently testified before the United States House Committee on Financial Services to advocate for a timely ... Read the full article

Marsh adds Aon directors to UK Real Estate Practice

10th October 2019

Global re/insurance brokerage Marsh has announced the appointments of Bryce Check as a Business Relationship Director and Anna Whitfield as a Client Service Director, both within its UK Real Estate Practice. Part of Marsh JLT Specialty, the UK Real Estate Practice provides insurance and risk advisory services to real estate owners, ... Read the full article

Marsh collaborates with Zurich NA on pet insurance program

9th October 2019

Global re/insurance brokerage Marsh has announced the launch of a new pet insurance program for cats and dogs in the US, to be underwritten by Zurich North America. The program, called TrustedPals, is backed by Marsh’s Bluestream platform and will offer insurance with flexible co-payments, limits and deductibles. A self-service feature driven ... Read the full article

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