Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
People Moves: BHSI Promotes 2 Regional Leaders for Europe, Middle East; Lockton Re Taps Guy Carpenter’s Hunter as a Senior Broker
May 2 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of these new hires follows here. BHSI Promotes 2 Regional Leaders for Europe,...
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle
Jan 27 2023 // The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60% with loss-affected clients facing even higher prices, according to John Doyle, president...
People Moves: WTW Adds Rolfe in West; Guy Carpenter Makes GC Access Appointments
Oct 25 2022 // WTW, a global advisory, broking and solutions company based in New York, New York, has appointed Terry Rolfe as director of client relationship management within the company’s aerospace business. With more than 30...
Property Cat Market to Harden More; Possible ‘Significant Supply Imbalance’: MMC’s Doyle
Oct 21 2022 // While the total impact of Hurricane Ian won’t be realized for some time, the effect on an “already stressed property market will be significant,” said John Q. Doyle, group president and COO of Marsh...
Oliver Wyman Agrees to Buy A&D Consulting Firm Avascent
Oct 18 2022 // Oliver Wyman announced it entered into an agreement to acquire Avascent, an aerospace and defense management consulting firm focused on the corporate and private equity sectors. The terms of the transaction were not...
Marsh & McLennan Acquires Illinois’ CS Insurance Strategies
Jul 5 2022 // Marsh & McLennan Agency LLC acquired CS Insurance Strategies, full-service insurance broker based in Chicago. CS Insurance Strategies was founded in 2009 by Charles Smith, creating a minority-owned brokerage providing...
People Moves: MMC Names Jones, Hageman to Senior Posts; Lockton Welcomes Marsh’s Millett for Innovation; Applied Financial Builds Cyber Risk Team
Jun 24 2022 // Marsh McLennan Creates New Senior Leadership Positions Marsh McLennan announced the appointment of John Jones as chief marketing and communications officer and Pat Hagemann as chief of staff to the chief operating...
People Moves: Guy Carpenter Names N. America GC Access Exec Team; Marsh Promotes Perry for Political Risk & Structured Credit; WTW’s Hodgkinson to Join BMS Asia
May 23 2022 // This edition of International People Moves details appointments at three brokers: Guy Carpenter, Marsh and BMS. A summary of these new hires follows here. Guy Carpenter Announces GC Access Leadership in North...
Judge Nixes Former Employees’ Suit Against Marsh & McLennan Over 2021 Data Breach
Jan 19 2022 // A federal judge in New York has dismissed a potential class action against Marsh & McLennan by two former employees who sued after the firm suffered a data breach in 2021. The plaintiffs, Florida residents Nancy Bohnak...
Marsh McLennan’s Mercer Sells Association Business to Affinity Agency
Jan 18 2022 // Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, has agreed to acquire the associations business of Mercer, a business of Marsh McLennan. Mercer’s...
People Moves: Mosaic Hires BHSI’s Dilley to Lead Financial Institutions; BMS Re Names Guy Carpenter’s Gomez as EVP, LatAm & Caribbean
Jan 4 2022 // This edition of International People Moves details appointments at Mosaic Insurance and BMS Re. A summary of these new hires follows here. BHSI’s Dilley to Lead Financial Institutions at Mosaic Insurance Specialist...
‘Catch-Up Care’ Helps Explain Rise in Employers’ Health Insurance Costs: Mercer
Dec 14 2021 // Health insurance costs for employers rose the most in over a decade this year as Americans resumed non-urgent procedures delayed earlier due to the COVID-19 pandemic, according to a survey published on Monday. The survey...
People Moves: Lezaj to Lead Zurich Complex Casualty; MMC Names Bouchard as Climate Director
Dec 13 2021 // Lezaj to Lead New Zurich Middle Market Complex Casualty Unit Zurich North America has created a Complex Casualty unit to support its customers in the upper middle-market segment. Steve Lezaj, a veteran insurance executive,...
Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses
Nov 23 2021 // Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, effective Jan. 1, 2022....
People Moves: Changes at the Top at Marsh McLennan, Marsh and Guy Carpenter
Nov 18 2021 // Doyle: MMC Group President, COO; South: President, CEO, Marsh; Klisura: President, CEO, Guy Carpenter; Donnelly: President, Marsh US and Canada. Marsh McLennan announced changes to its executive committee effective January...
Guy Carpenter Launches Global Insurtech Center of Excellence
Oct 22 2021 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of Excellence (COE) to provide comprehensive services to global re/insurance...
Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool
Oct 18 2021 // Guy Carpenter & Co., the reinsurance business of Marsh McLennan has announced the launch of a Wildfire Risk Score designed to help clients manage their exposure to the evolving risk of wildfire across Europe. The...
Broker BMS Re Launches Operations in Brazil, Led by 2 Former Guy Carpenter Execs
Sep 29 2021 // BMS Re, the independent specialist reinsurance broker, announced the launch of BMS Brasil Corretora de Resseguros Ltda (BMS Re Brazil), headquartered in Sao Paulo. Confirmation of BMS Re Brazil’s license was...
P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter
Sep 10 2021 // Property and casualty reinsurers have displayed underwriting discipline during this year’s renewals, continuing with rate corrections that began several years ago, despite the pressures of abundant capacity. Prices...
Lloyd’s Council Appoints Guy Carpenter’s Carter as 1st Female Deputy Chair
Jul 23 2021 // Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021. Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the...
