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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.

MMC highlights importance of tech in fast-changing environment

13th June 2019

Participants across the risk transfer value chain must harness new technologies and adapt to the evolving operating landscape in order to meet client needs and remain relevant. This is according to Marsh & McLennan Companies (MMC) President and Chief Executive Officer (CEO), Dan Glaser and Victoria Carter, Chairman of Global Capital ... Read the full article

New tech allowing more captives to profit from third-party risks: Marsh report

5th June 2019

The number of captive insurers writing third-party business is rising as new technologies expand the ways in which organisations can deliver insurance solutions, says re/insurance brokerage Marsh in a new report. By underwriting third-party risks in a captive, parent companies can bring in additional premium and generate profits should the captive ... Read the full article

TRIPRA expiration could weaken global property terrorism market: Marsh

24th May 2019

While the global property terrorism insurance market remains strong and well capitalised, the potential expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) could create capacity shortfalls, especially for businesses located in high profile cities and employers with significant workers’ compensation accumulations. In a new report, global re/insurance brokerage Marsh ... Read the full article

Commercial insurance prices continue growing at Q1, finds Marsh

17th May 2019

Global commercial insurance prices increased by 3% during the first quarter of 2019, according to data from re/insurance broker Marsh, marking a sixth consecutive quarter of price increases. Marsh also noted that the rate of growth in commercial insurance prices was at its highest since it began its survey in 2012. Regionally, ... Read the full article

Cyber insurance surges as risk awareness grows: Marsh report

29th April 2019

Over the last five years, the number of Marsh’s US clients purchasing cyber insurance has doubled, from 19% in 2014 to 38% in 2018, according to a new report by the global re/insurance broker. The report indicates that as risk awareness has grown, cyber insurance products have evolved to address a ... Read the full article

Marsh to rollout proof of insurance blockchain platform

26th April 2019

Global re/insurance broker Marsh is to begin rolling out its proof of insurance blockchain platform to US commercial clients. There are many who feel that blockchain technology will transform the certificate of insurance process, which is currently manual, and allow clients to more easily hire contractors and transfer risk while increasing ... Read the full article

MMC JLT integration could affect near-term organic growth: Dan Glaser

25th April 2019

The ongoing efforts to fully integrate the Jardine Lloyd Thompson (JLT) business within broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) could mean a near-term hit to organic growth, MMC CEO Dan Glaser said today. MMC's acquisition of JLT completed on April 1st, meaning the mission to bring ... Read the full article

MMC results reflect strong revenue growth for Marsh & Guy Carpenter

25th April 2019

Broking and advisory giant Marsh & McLennan Companies, Inc. (MMC) has released its results for the first quarter of 2019, posting underlying revenue growth of 4%, buoyed by the performance of its re/insurance broking subsidiaries, Marsh and Guy Carpenter. MMC’s consolidated revenue in the first quarter of 2019 was $4.1 billion, ... Read the full article

Marsh, Guy Carpenter, JLT combine LatAm facultative reinsurance

23rd April 2019

It's been announced that Marsh and Guy Carpenter will combine their Latin American facultative reinsurance operations with those of JLT Group, following the completed acquisition of JLT by Marsh & McLennan Companies (MMC) on April 1st, 2019. The combined operations will be called Carpenter Marsh Fac Re, and will be ... Read the full article

LiquidX, Marsh partner on electronic platform for trade credit insurance

2nd April 2019

LiquidX, the international network for illiquid assets, has partnered with global insurance and reinsurance broker Marsh, on the launch of a "next generation" platform for the trade credit insurance sector, called the Liquid Trade Credit Insurance Marketplace. The new electronic marketplace went live recently, with numerous transactions executed and underwritten by ... Read the full article

Marsh appoints Anthony Gruppo as CEO of Jelf

29th March 2019

Global re/insurance broker Marsh has announced the appointment of Anthony Gruppo as Chief Executive Officer (CEO) of Jelf and leader of its wider UK & Ireland Commercial and Consumer client segment. He will take up his new London-based position in May, succeeding Phil Barton who is leaving with immediate effect to ... Read the full article

Munich Re, Allianz & AXIS join Marsh for new cyber service

27th March 2019

Global re/insurance broker Marsh has announced the launch of Cyber Catalyst, a service that brings together a number of the market’s leading insurers to provide analysis and assessment of cybersecurity products. The objective of Cyber Catalyst is to identify and evaluate effective solutions for an organisation to deploy against cyber risk, ... Read the full article

David Ripton joins WTW to lead Broking, Global Marine, CRB

15th March 2019

Global insurance and reinsurance broker, Willis Towers Watson (WTW), has announced the appointment of David Ripton as Head of Broking, Global Marine in its Corporate Risk and Broking (CRB) unit. Ripton joins the firm from rival brokerage Marsh, where since 2014 he held the position of Chief Executive Officer (CEO) for ... Read the full article

Marsh launches intellectual property solution

8th March 2019

Global re/insurance broker Marsh has launched an insurance solution specifically tailored to address risks associated with an organisation’s intellectual property (IP). IP Protect is a proprietary Marsh policy backed by Ambridge Partners, a managing general underwriter of transactional, complex management liability, and intellectual property insurance products. “As the importance of IP rights ... Read the full article

Marsh adds AIG’s Bauer to lead U.S Sharing Economy, Mobility Practice

7th March 2019

International re/insurance brokerage Marsh has appointed Robert Bauer to lead its U.S Sharing Economy & Mobility Practice. Bauer joins from AIG where he served as General Insurance Head of Innovation and its Sharing Economy Group. In his new role Bauer will focus on developing and delivering products and services to companies operating ... Read the full article

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