Reinsurance News

Marsh news

News about Marsh, one of the world’s leading insurance brokers and part of the Marsh & McLennan group of companies.

News on Marsh’s activities in insurance markets, as a broker, originator, adviser and structurer of risk transfer transactions.

Marsh is also associated with reinsurance broker Guy Carpenter, another member of the Marsh & McLennan group.

Marcela Mazzocchetti named CEO, Carpenter Marsh Fac, Miami

24th December 2021

Marcela Mazzocchetti, Head of Broking, Bowring Marsh Miami, has been appointed as Chief Executive Officer (CEO) of Carpenter Marsh Fac, Miami. Mazzocchetti has been with the global insurance and reinsurance broker for more than 19 years, having joined in August 2002 as a reinsurance broker. She was later named Sales Leader LAC, ... Read the full article

Marsh raises stake in Marsh India to 92%

23rd December 2021

Marsh, the global insurance broker, has announced an increase in its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to 92%, following the acquisition of shares from local partners, including the entire shareholding of the Rampant Trust. The increased investment enables Marsh to more effectively meet the complex needs ... Read the full article

Marsh hires Rick Howell as Aviation Operational Risk Consulting Leader

21st December 2021

Insurance broker and risk advisor Marsh has appointed Rick Howell as Aviation Operational Risk Consulting Leader. Based in Hong Kong, Howell will report to Garrett Hanrahan, Global Head of Aviation & Space, Marsh Specialty. In his new role, Howell will advise Marsh Specialty’s aviation clients globally on best practice in operational risk ... Read the full article

Marsh makes senior FINPRO Specialty appointments

8th December 2021

Insurance broker and risk advisor Marsh has announced several senior leadership appointments within its Financial and Professional (FINPRO) Specialty. Effective 1 January 2022, Paul Denny is appointed as Global Specialty Head, FINPRO, Marsh Specialty. Additionally, Beth Thurston has been appointed UK CEO of FINPRO business, and Stephanie Manson as UK Management Liability ... Read the full article

Marsh Specialty names Michelle Sartain as head, US and Canada

7th December 2021

Re/insurance broker Marsh has appointed Michelle Sartain as head of Marsh Specialty for the US and Canada. In this role, Sartain will oversee Marsh’s aviation, construction, energy and power, credit specialties, financial and professional (FINPRO), marine, private equity and M&A (PEMA), and transactional risk specialty businesses in the region. Currently head of ... Read the full article

Bowring Marsh names Justine Mayhew as CEO, UK & Ireland

6th December 2021

Re/insurance broker Marsh has appointed Justine Mayhew as CEO, UK & Ireland, of Bowring Marsh, Marsh’s international placement business. Mayhew will be based in London and reports to Tom Davies, Global CEO, and will lead its London-based team of international placement specialists. She will also provide risk transfer solutions, benchmarking, and claims advocacy ... Read the full article

Bond to lead Marsh’s climate and sustainability innovation efforts

2nd December 2021

Re/insurance broker Marsh has named Ryan Bond to lead its climate and sustainability insurance innovation efforts, a role effective in the new year. Based in London, Bond will report to Amy Barnes, Head of Climate and Sustainability Strategy. Having joined the business in 2007, he will now be responsible for leading the ... Read the full article

SMEs responded well to COVID-19 and Brexit: Marsh

30th November 2021

According to a new report by insurance broker Marsh, small and medium sized enterprises (SME) in the UK believe that their business continuity plans responded well to both the COVID-19 pandemic and Brexit, despite the disruption they have experienced since the beginning of 2020. However, the report also highlighted that since ... Read the full article

Guy Carpenter and Marsh to combine South Africa operations

23rd November 2021

Guy Carpenter and Marsh, both businesses of Marsh McLennan (MMC), have announced that they will combine their South Africa facultative reinsurance operations into a single business from January next year. The new unit will operate under the Guy Carpenter brand as it’s part of the company’s strategy to expand its presence ... Read the full article

Insurance pricing up 15% in Q3, led by cyber: Marsh

26th October 2021

Global commercial insurance prices increased by 15% in the third quarter of 2021, according to the latest Global Insurance Market Index released by re/insurance broker Marsh. It marks the 16th consecutive quarter of increases, but rates have continued to moderate in many lines of business and most geographies, suggesting that pricing ... Read the full article

Marsh clients to receive preferred D&O coverage on ESG-related exposures

25th October 2021

Global insurance and reinsurance broker Marsh has revealed a new directors and officers liability (D&O) insurance initiative that will recognize U.S. clients with superior environmental, social, and governance (ESG) frameworks. Marsh's clients will work with international law firms including Norton Rose Fulbright and Orrick, Herrington & Sutcliffe LLP to independently review, ... Read the full article

Guy Carpenter’s underlying revenue up 15% as Marsh hails outstanding quarter

21st October 2021

Reinsurance broker Guy Carpenter has reported a 15% rise in underlying revenue to $314 million for the third quarter of 2021, as its parent Marsh McLennan delivered impressive year-on-year growth. Buoyed by revenue growth across the business, global insurance and reinsurance brokerage Marsh McLennan has reported an increase in underlying revenue ... Read the full article

David Bruce named as CEO of Marsh Commercial

7th October 2021

Insurance broker and risk advisor Marsh has announced the appointment of David Bruce as Chief Executive Officer of Marsh Commercial. Effective January 1, 2022, Bruce will also join Marsh’s UK & Ireland Executive Committee. Bruce joined Marsh Commercial in 2018 as Chief Operating Officer and has held a number of senior broking ... Read the full article

Insurers must evolve or risk stifling sharing economy: Marsh

4th October 2021

Insurance broker and risk advisor Marsh has asserted that insurers must create new forms of coverage, including programs to support gig-workers at scale, in order to support changes in the global sharing economy and mobility sector. In a new report, analysts at Marsh noted that the COVID-19 pandemic has already accelerated ... Read the full article

Marsh Specialty adds leaders to UK Marine & Cargo Practice

15th September 2021

Insurance broker and risk advisor Marsh has announced the appointments of Sarah Dyer as Head of Logistics and Nick Adams as Business Development Leader within Marsh Specialty’s UK Marine & Cargo Practice. Based in London, Dyer will report to Louise Nevill, CEO, UK Marine & Cargo Practice, and Adams will report ... Read the full article

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