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Captive use rises amid pandemic volatility: Marsh

21st September 2020

According to insurance broker Marsh, more organizations are turning to captives for insurance protection and financial flexibility in response to an increasingly difficult risk landscape. In its 2020 Captive Landscape Report, Marsh reported that tightening global insurance market conditions throughout 2019 have led to higher captive utilization with steep premium volume ... Read the full article

Marsh’s Dean Klisura named President of Guy Carpenter

10th September 2020

Guy Carpenter, the reinsurance arm of global brokerage Marsh, has appointed Dean Klisura as its new President, effective October 1st, 2020. Klisura will report to Guy Carpenter's Chief Executive Officer (CEO), Peter Hearn, and will continue to be based in New York. In this newly-created role, he takes responsibility for Guy Carpenter's ... Read the full article

Marsh Commercial to provide risk & insurance services to Pall-Ex Group

27th August 2020

UK insurance broker and risk advisor, Marsh Commercial, part of Marsh, has announced that it is to provide insurance and risk management services to Pall-Ex Group. Pall-Ex Group is a global palletised freight distribution network comprised of SME haulage companies, and members of its pallet delivery network. This announcement follows the establishment ... Read the full article

Marsh’s Torrent highlights need for public-private sectors to join together on cat flood risk

26th August 2020

Marsh subsidiary and direct servicing agent of the National Flood Insurance Program (NFIP) Torrent Technologies has highlighted the need for public and private sectors to take collaborative action now in order to mitigate catastrophic flood risk. According to the report, 40% of the US population live in coastal counties today putting ... Read the full article

Marsh adds Scott Leney as Risk Management Leader for Asia, Pacific regions

17th August 2020

Insurance broker and risk adviser Marsh has announced the appointment of Scott Leney as Risk Management (RMP) Leader for both its Asia and Pacific regions. Leney will oversee Marsh’s regional Risk Management teams as they build on existing capabilities and develop strategic solutions that will enable Marsh’s largest clients to navigate ... Read the full article

Marsh adds Cheung as UK Placement Leader, Marsh JLT Specialty

7th August 2020

Insurance broker Marsh has appointed Winsee Cheung as UK Placement Leader, Marsh JLT Specialty. Effective in the fourth quarter, Cheung will report to Paul Moody, UK CEO, Marsh JLT Specialty and be based in London. As UK Placement Leader, she will oversee Marsh JLT Specialty’s placement strategy, facility management, and the development ... Read the full article

Morgan Stanley partners with HUB, Marsh, and WTW on HNW P&C cover

7th August 2020

American investment bank, Morgan Stanley has announced that it will now be offering Property and Casualty (P&C) insurance to its high net-worth (HNW) clients and their families. Morgan Stanley has teamed up with re/insurance brokers HUB International, Marsh Private Client Services, and Willis Towers Watson (WTW) in order to offer this ... Read the full article

Guy Carpenter adds three to restructured Fac division

20th July 2020

Guy Carpenter, the reinsurance arm of global brokerage Marsh, has added three senior appointments within its GC Fac division as part of a wider realignment process. The company hopes to ensure the delivery of client-centric solutions by structuring product teams around geographic regions. Stephen Wilkins has been appointed Head of UK Property, while Paul Hargis ... Read the full article

Guy Carpenter launches new Fac unit; appoints WTW’s Upton as lead

16th July 2020

Guy Carpenter, the reinsurance arm of global brokerage Marsh, has announced the launch of Hybrid Solutions UK, a new facultative operation that will be led by Laurence Upton. The new Hybrid Solutions UK team becomes part of GC Fac, and will focus on developing semi-automatic facultative solutions that sit between traditional ... Read the full article

Marsh announces Sport, Entertainment & Media group in the UK & Ireland

26th June 2020

Global insurance and reinsurance broker Marsh has established a dedicated Sport, Entertainment & Media (SEM) industry group in the UK & Ireland, led by global events specialist, Richard Tolley. The new group brings together more than 60 client management, technical, placement and risk management specialists from across Marsh to support the ... Read the full article

Marsh JLT Specialty adds two to expanding Renewable Energy team

15th June 2020

Global insurance and reinsurance broker Marsh has announced the addition of Joanne Silberberg and Dan Gumsley within Marsh JLT Specialty's expanding Renewable Energy team. Silberberg joins the team as Canadian Renewable Energy Leader. She first joined Marsh in 2004 as part of the graduate programme and has subsequently held numerous roles ... Read the full article

Marsh & AXA XL partner on same-day delivery solution

5th June 2020

Global re/insurance broker Marsh has announced the launch of Marsh deliveryPRO, a customisable insurance solution that enables US businesses to meet the increased demand for same-day delivery of their products more efficiently. Many grocers, delivery network companies, retailers, restaurants, and other businesses are using individual drivers as employees or in a ... Read the full article

Commercial insurance pricing up 14%, COVID-19 impact insignificant: Marsh

12th May 2020

Global commercial insurance pricing increased for the tenth consecutive quarter in the opening three months of 2020, while the impact of the ongoing COVID-19 pandemic on pricing dynamics proved to be insignificant, reports re/insurance broker Marsh. In the first-quarter of 2020, global commercial insurance pricing rose 14% on the back of ... Read the full article

Marsh expands renewable energy capabilities with key hires

28th April 2020

Global insurance broker Marsh has announced a series of key leadership appointments within Marsh JLT Specialty's Renewable Energy team. Oliver Holme joins as UK and US Offshore Wind Leader, a newly-created role, and reports to Hamish Roberts, Power Leader and Amy Barnes, Energy & Power Leader, US and Canada. Holme most recently ... Read the full article

Marsh appoints Rahr as Global Leader, Multinational Client Service

6th April 2020

Global insurance broker Marsh has appointed David Rahr as Global Leader, Multinational Client Service. Based in Chicago, Rahr will report to Flavio Piccolomini, President, Marsh International, and Martin South, President, US and Canada. Rahr succeeds Justin Walsleben, who has retired from the firm. He will oversee Marsh’s Multinational Client Service team and most ... Read the full article

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