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mcgriff
Marsh McLennan completes $7.75bn acquisition of McGriff
18th November 2024
Marsh McLennan has completed its acquisition of insurance broking and risk management services provider McGriff Insurance Services, LLC. Founded in 1886, McGriff provides commercial P&C insurance, surety, employee benefits, and personal lines insurance solutions to businesses and individuals across the US. Marsh McLennan initially announced this acquisition in September, stating ... Read the full article
McGriff acquisition expected to be modestly accretive in first year: John Doyle, MMC
17th October 2024
During Marsh McLennan's earnings call for the third quarter of 2024, John Doyle, the company's President and CEO, explained that the global broker's $7.75 billion acquisition of McGriff Insurance Services, LLC, is expected to be modestly accretive to adjusted earnings per share, excluding amortisation in year one, and become more ... Read the full article
McGriff acquires Amity Benefits to enhance employee benefits practice
3rd October 2024
McGriff, a US-based retail insurance broker, has announced its acquisition of Amity Benefits, a full-service retail employee benefits brokerage located in Tampa, Florida. Mike Breedlove, National Sales and Growth Leader at McGriff, expressed enthusiasm about the acquisition, stating, “We’re thrilled to welcome Brian and the talented team at Amity to McGriff. “Their ... Read the full article
Marsh McLennan to acquire McGriff Insurance Services in $7.75bn transaction
30th September 2024
Marsh McLennan, the global insurance and reinsurance broker, has reached an agreement through its subsidiary, Marsh McLennan Agency to acquire full-service insurance brokerage, McGriff Insurance Services, LLC, for a cash consideration of $7.75 billion, funded by a combination of cash and proceeds from debt financing. Under the terms of the transaction, ... Read the full article
McGriff appoints Kelly Ward as Producer in its Mining Practice
22nd August 2024
McGriff, a US retail insurance broker, has announced the appointment of Kelly Ward as a Producer in its Mining Practice. In this role, she will provide insurance and risk transfer solutions to companies in the mining industry. Ward brings nearly two decades of experience in engineering consulting for the mining sector. She joins ... Read the full article
Cyber insurance market remains stable due to robust cybersecurity: McGriff
29th May 2024
McGriff, a US retail insurance broker, reports that cyber insurance market rates in 2024 remain stable as businesses strengthen their cybersecurity measures. Businesses opting for higher retention levels or deductibles are also benefiting from premium savings in their programs. However, McGriff notes, “Custodians of large volumes of records (personal health information, personal ... Read the full article
McGriff promotes Erik Zentler to lead its Aviation practice
29th January 2024
McGriff, one of the largest retail insurance brokers in the U.S., has announced the promotion of Erik Zentler to the position of Practice Leader for its Aviation practice based in Seattle. Zentler, with nearly two decades of experience in aviation insurance, has spent the past eight years with McGriff and an ... Read the full article
McGriff promotes Mike Breedlove to National Sales and Growth Leader
8th January 2024
McGriff, a prominent retail insurance broker in the United States, has announced the promotion of industry veteran Mike Breedlove to the position of National Sales and Growth Leader. In his new role, Breedlove will be instrumental in shaping the overarching strategy for sales activities across McGriff's diverse commercial lines of business, ... Read the full article
McGriff realigns its regional organisation, appoints four company execs to new roles
22nd December 2023
McGriff, a retail insurance broker across the US, has realigned the business's organisation into three distinct geographic regions, as well as appointing four company executives to new leadership roles. According to the broker, the new structure reaffirms the company's commitment to implementing a client-first, people-centric focus that “never settles for less.” Effective ... Read the full article
McGriff acquires Alternative Risk Resources
7th September 2023
Full-service retail insurance broker McGriff has announced that it has acquired Alternative Risk Resources (ARR), a Wisconsin-based commercial brokerage firm that specializes in captive insurance. Read Davis, CEO of McGriff’s Specialty and Middle Market business, commented, ”We have long admired and respected the ARR insurance team and its decades of experience ... Read the full article
Milton Smith to lead McGriff Surety operations
5th June 2023
McGriff, one of the leading full-service retail insurance brokers in the US, has announced the promotion of Milton Smith to National Director, Surety. In this new role, Smith will be responsible for leading the firm’s surety operations and driving the overall growth of the surety practice. He joined McGriff in 2000, and ... Read the full article
McGriff names Austin Jones as Florida sales & condo practice leader
4th April 2023
Full-service retail insurance broker McGriff has appointed Austin Jones as sales leader for Florida and practice leader for the state’s new condo team. Based in Fort Lauderdale, Jones is tasked with overseeing sales development and strategy for Florida and leading McGriff’s first practice group focused on the condo market in the ... Read the full article
McGriff makes new additions to Construction-Risk Management practice
4th November 2022
Broker firm McGriff, has announced the appointment of Danielle Ross as Head of Construction – Risk Management in its new National Construction – Risk Management practice, and Dana Moriarity as Casualty Leader for the National Construction Risk Management practice. Based in Dallas, Ross will be focused on building out McGriff’s new ... Read the full article
McGriff names Doug Hodo chief strategic growth officer
12th August 2022
Broker firm McGriff is welcoming back Doug Hodo as he rejoins the firm as chief strategic growth officer. Starting his new role on August 15, Hodo will be reporting to Read Davis, CEO, McGriff Specialty and Middle Market. He will be responsible for creating and managing strategic growth initiatives, including business development ... Read the full article
Kyle Samuel appointed as Chief Operating Officer for McGriff
18th March 2022
Broker firm McGriff has appointed former M&T Insurance Agency executive, Kyle Samuel to Chief Operating Officer. Samuel most recently was the President of the Buffalo, New York-based insurance agency division of M&T Bank. In addition, Samuel has previously served as managing director for USI Insurance Services, as well as its predecessor, Wells ... Read the full article
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