Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh. The increase, the largest since the index was launched in 2012, follows average increases of 20% …
Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible for the delivery of health care risk management knowledge, expertise, and transactional services to clients across the U.S. Norris joins …
Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021. Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go after agents and brokers after they …
Marsh, the insurance broker and risk adviser, has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK & Ireland. Led by Sam Tiltman, the group brings together over 25 sector specialists encompassing insurance placement and risk …
Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month to buy British insurance group RSA for 7.2 billion pounds ($9.6 billion) and market participants expect more deals in 2021. …
Insurance broker Marsh announced the appointment of Phil Hobson as affinity leader, International Division. Effective Jan. 1, 2021, Hobson will join the International Executive Committee and report to Flavio Piccolomini, president of Marsh’s International Division. He will relocate from Hong …
Marsh has named Carlos Quinteros to lead its construction center in Los Angeles, Calif. Quinteros is responsible for delivering transactional and advisory services to construction clients throughout Southern California. Quinteros joins Marsh from Aon, where he spent the last 27 …
Marsh, the insurance broker and risk adviser, announced the appointment of Hamish Roberts as global renewable energy leader, Marsh JLT Specialty. Effective 1 January, Roberts will continue to be based in London and will report to Andrew George, global head, …
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh said the jump was the largest since launching …
Insurance broker Marsh announced the appointment of Carolina Klint as risk management leader for Continental Europe. Based in Stockholm, Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe. In her role, she will be responsible for delivering Marsh’s …
