Insurance broker Marsh announced that Steven Capace and Bryan Salek have joined the firm to co-lead its U.S. Government Contracting Practice. In this dual leadership role, Capace and Salek will head a team responsible for services that address government contractors’ …
With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021. Insurance broker Marsh found in a new study that only about 45 percent of customers …
ISMAILIA, Egypt – A huge container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global …
LONDON – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship is refloated quickly, industry sources said on Wednesday. The 400-meter, 224,000-tonne …
Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to return to work. The program will enable participating firms to tap into the “forgotten army” of experienced women who are …
After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal volume soared to record highs in the second half of the year. This was mirrored in growth of transactional risk …
Global insurance broker Marsh has appointed Amy Barnes to the newly created role of head of Sustainability and Climate Change Strategy. Barnes will relocate to London later this year from Houston, Texas, and report to Lucy Clarke, president, Marsh JLT …
Marsh has added Kevin Bryant to lead its National Public Entity Industry Practice. In this role, Bryant will work with state and local government and not-for-profit clients across the U.S., offering public sector expertise, insights, and transactional services. Bryant joins …
Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser. Terms of the transaction, which is subject to regulatory approval, were not disclosed. Completion is expected …
The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year. That’s caused insurers to …
