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.
Marsh & McLennan adds Krause as Southeast Regional CEO
7th February 2020
Marsh & McLennan Agency, the middle market agency of global re/insurance broker Marsh, has announced the appointment of Peter Krause as Southeast Regional Chief Executive Officer. Effective immediately, Krause will report to David Eslick, chairman and CEO of MMA, and oversee MMA’s offices in Georgia , Alabama, Tennessee, Kentucky and Tallahassee. He ... Read the full article
Marsh & JLT fully integrate Indonesian operations
5th February 2020
Another next step in the continued integration of JLT and Marsh has now completed, with PT Jardine Lloyd Thompson Indonesia now fully merged into PT Marsh Indonesia, effective February 3rd, 2020. The integration expands Marsh in the region by combining the strength and expertise of the two firms into one brokerage. ... Read the full article
Crypto exchange Bittrex secures $300m cold storage cover
3rd February 2020
US blockchain technology and cryptocurrency exchange Bittrex has obtained digital asset insurance of up to $300 million for its cold storage system. Bittrex worked closely with Marsh in placing cover with Arch Syndicate 2012, which provides protection from external theft and internal collusion. The company was approved for the coverage after successfully ... Read the full article
Guy Carpenter helps Marsh & McLennan to overall revenue growth in Q4
30th January 2020
Guy Carpenter, the reinsurance broking arm of Marsh & McLennan Companies, Inc., has recorded revenue growth of 10% and 5%, on an underlying basis, for the fourth-quarter and full-year 2019, respectively. The reinsurance broker's revenue in the quarter increased to $152 million from the $102 million reported a year earlier. For ... Read the full article
Marsh Commercial to combine broker networks into single business
30th January 2020
Marsh Commercial, a division of Marsh & McLennan Companies, has announced plans to merge its three broker networks into a single proposition, called Marsh Networks. The new entity will be comprised of Marsh ProBroker, Bluefin Network, and Purple Partnership. Once combined, members of all three networks will have deeper and wider ... Read the full article
Philip Turner appointed UK Head of Specie, Marsh JLT Specialty
24th January 2020
Global re/insurance brokerage Marsh has announced that Philip Turner has rejoined the company as UK Head of Specie within Marsh JLT Specialty, based in London. Turner brings more than four decades of experience to the role, and is expected to join the firm in the first-quarter of 2020. Previously, Turner served as ... Read the full article
Marsh adds Aon’s Quintal as managing director in FI practice
17th January 2020
Global re/insurance brokerage Marsh has appointed Jacqueline Quintal as a managing director in its US financial institutions practice. Quintal brings 15 years’ insurance experience to Marsh and joins from Aon, having most recently served as financial institutions industry leader. Based in New York, she will deliver industry-leading transactional and risk advisory solutions ... Read the full article
Cryptocurrency firm Gemini sets up captive insurer in Bermuda
16th January 2020
Gemini Trust Company LLC, a cryptocurrency exchange and custodian, has set up a captive insurance company in Bermuda, with support from re/insurance brokers Marsh and Aon. Licensed by the Bermuda Monetary Authority (BMA), the captive will provide insurance for customers of Gemini Custody, the crypto cold storage service by Gemini. The solution ... Read the full article
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