The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their customers, according to a report commissioned by the Wholesale and Specialty Insurance Association (WSIA). But the segment must face the challenge …
It has not happened yet but the proposed merger of large global insurance brokers Aon and Willis Towers Watson is already being felt at competitor MarshMcLennan. MarshMcLennan is capitalizing on the marketplace disruption brought about by the pending marriage of …
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …
