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 gets key approval for JLT acquisition
15th October 2018
Marsh & McLennan Companies has been granted an early termination of the waiting period required for the completion of its previously-announced acquisition of Jardine Lloyd Thompson Group (JLT). Termination of the Hart-Scott-Rodino (HSR) waiting period effectively concludes the review of both the Federal Trade Commission (FTC) and Department of Justice ... Read the full article
Aon & Marsh collaborate with European industry bodies on cyber risk guide
12th October 2018
A group of European industry bodies including BIPAR (European Federation of Insurance Intermediaries), FERMA (Federation of European Risk Management Associations), and Insurance Europe have published a guide to help organisations better evaluate their cyber security posture and need for cyber insurance. The guide, published in association with Aon and Marsh, is ... Read the full article
Maritime industry unprepared to deal with global issues, reports Marsh
5th October 2018
The global maritime industry is not prepared to deal with major issues that are likely to impact it over the next ten years, according to senior maritime stakeholders surveyed in an industry report backed by global insurance broker and risk adviser, Marsh. The report examines the impact and likelihood of 17 ... Read the full article
Marsh makes senior leadership appointments within captive business
4th October 2018
Global re/insurance broker Marsh has announced two senior leadership appointments within its Marsh Captive Solutions business. Julie Boucher takes direct leadership of the company’s Bermuda, Cayman, and Barbados captive offices as Islands Practice Leader, a newly-created role effective January 1, 2019. Boucher, who has been with Marsh for 30 years, will relocate ... Read the full article
Marsh targets gig economy with new blockchain solution
3rd October 2018
Global re/insurance broker Marsh is working with data security platform Evident on the first blockchain-based verification solution for clients in the sharing and gig economies. Marsh has been considerably active in incorporating blockchain into its value chain since the company’s partnership with IBM was first announced five months ago. This new ... Read the full article
Marsh expands blockchain partnership with IBM
28th September 2018
Global re/insurance broker Marsh is expanding its blockchain partnership with IBM, five months after announcing its decision to use the technology to streamline proof of insurance processes. It’s hoped that blockchain technology will transform the certificate of insurance process, which is currently manual, and allow clients to more easily hire contractors ... Read the full article
Growth the main factor behind JLT acquisition: Dan Glaser
24th September 2018
Dan Glaser, President and Chief Executive Officer (CEO) of Marsh & McLennan Companies, Inc., has said that the firm's acquisition of JLT Group is about growth, noting that the two global insurance and reinsurance brokers are "stronger together". Marsh announced its $5.6 billion takeover of JLT Group on Tuesday, a deal ... Read the full article
Marsh adds Tom Colraine to Board as Non-Exec Director
24th September 2018
Global insurance and reinsurance broker Marsh has appointed Tom Colraine as a Non-Executive independent member of its Board of Directors. Colraine has held many senior positions in the re/insurance sector throughout his career, including as Chief Operating Officer (COO) and Chief Financial Officer (CFO) of AIG Europe from 2009-2014. He also served ... Read the full article
Marsh appoints Alistair Fraser as CEO for UK Corporate
20th September 2018
Global insurance and reinsurance broker Marsh has appointed Alistair Fraser as Chief Executive Officer (CEO) of its UK Corporate division, replacing Joe Grogan who has been named as Chairman of Marsh Ireland. Fraser, who currently serves as CEO & President Director of Marsh Indonesia, will assume overall responsibility for Marsh’s Corporate ... Read the full article
Marsh & Mclennan acquires JLT for $5.6 billion
18th September 2018
Major mergers & acquisitions news breaking this morning, as it has been announced that broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) is to acquire Jardine Lloyd Thompson Group plc for $5.6 billion. The acquisition sees another of the mid-sized global insurance and reinsurance brokers going to a new ... Read the full article
Marsh names Andrew Hickman as Head of Data Science
29th August 2018
Global insurance and reinsurance broker Marsh has appointed Andrew Hickman to the newly created role of Global Head of Data Science within its broader Digital, Data, and Analytics Practice. Hickman will now be responsible for advancing Marsh’s risk modelling and actuarial capabilities to drive new client solutions, building external data and ... Read the full article
Marsh develops new professional indemnity solution for UK law firms
15th August 2018
Global re/insurance broker Marsh has launched a new insurance solution designed to help small and mid-sized law firms in England and Wales manage their professional indemnity (PI) risks. Available exclusively to Marsh clients, the solution uses analytics and independent performance data to model a firm's individual risk profile and provide tailored ... Read the full article
Marsh appoints new Client Advisory Services leaders for UK and International
13th August 2018
Insurance and reinsurance broker Marsh has appointed Giampaolo Scarso to the newly created role of Client Advisory Services (CAS) Leader for its International division and Charlie Netherton as CAS Leader for UK & Ireland. CAS is focused on delivering strategic advisory services, and includes Marsh’s global risk consulting, analytics, captive management, ... Read the full article
Global insurance pricing up again in Q2: Marsh
8th August 2018
Insurance and reinsurance broker Marsh's latest Global Insurance Market Index, reveals that global commercial insurance rates increased, on average, for the third consecutive quarter in the second-quarter of 2018, with property and financial and professional (FinPro) lines driving increases, once again. Marsh notes that overall, the global insurance market remained stable ... Read the full article
Marsh completes purchase of Wortham Insurance
2nd August 2018
Global insurance and reinsurance broker Marsh has completed its previously announced acquisition of Houston-based independent insurance brokerage Wortham Insurance. Marsh originally announced in June 2018 that it planned to acquire the Texan broker, which has 530 colleagues based across its offices in Austin, Dallas, Fort Worth, Houston, and San Antonio, ... Read the full article
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