Marsh & McLennan Companies News

Marsh & McLennan Names Chief Knowledge Officer for Oliver Wyman Unit

New York-headquartered Marsh & McLennan Companies Inc. said its Oliver Wyman management consulting unit appointed Ana Kreacic as chief knowledge officer.In her role, Kreacic will develop and implement Oliver Wyman’s research and knowledge management initiatives and will lead the firm’s …

Guy Carpenter Names New CEO, COO for U.S. Operations

Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, appointed Andrew Marcell as chief executive officer of U.S. operations and Pete Chandler as chief operating officer of U.S. operations. The new …

Marsh Acquires Cosmos Services, a U.S. Brokerage Unit of Itochu Corp.

Marsh, a wholly-owned subsidiary of New York-based Marsh & McLennan Companies, acquired Cosmos Services (America) Inc., the U.S. insurance brokerage subsidiary of global trading firm Itochu Corporation. Terms of the transaction were not disclosed. With offices in New York, Los …

N.Y.-based Guy Carpenter CEO Moczarski to Take On Additional Role

Marsh & McLennan Companies Inc. said Alexander Moczarski, CEO of Guy Carpenter, has assumed the additional role of chairman at Marsh & McLennan Companies International. Moczarski will continue to be based in New York. Moczarski’s new responsibilities include oversight of …

Property Insurance Rates on the Rise: Marsh

Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates. Marsh said 48 percent of property …

Marsh Names Flynn CEO of U.S. Consumer Unit

Insurance broker Marsh has appointed Liz Flynn to the role of president and CEO of its U.S. consumer business, effective Oct. 1. In her new role, Flynn will oversee all Marsh U.S. consumer operations consisting of four main business groups: …

Marsh Hires State Farm Executive Pieroni as Chief Operating Officer

Global insurance broker Marsh has appointed Bill Pieroni to the role of chief operating officer, effective Sept. 19. Pieroni comes from State Farm where he served as senior vice president. In his new role at Marsh, he will be responsible …