Marsh News

Marsh Adds Aon’s Albers to Lead Its Life Sciences Practice

Insurance broker Marsh announced that Eddie Albers has joined the firm to lead its U.S. Life Sciences practice. As the leader of Marsh’s U.S. Life Science Practice, Albers will play a key role in assisting life sciences companies as they …

Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive

BRUSSELS – Who foots the bill if people in poor countries fall sick with unexpected side-effects from coronavirus vaccines? It’s not clear and that’s a big problem in the battle to beat COVID-19. The World Health Organization (WHO) has so …

Beazley’s Keefe Moves to Marsh to Lead Cyber Incident Management Team

Insurance broker Marsh announced the appointment of Katherine Keefe as U.S. Cyber Incident Management leader. In this newly created role, Keefe will be responsible for leading Marsh’s efforts to assist clients responding to and managing cyber events, including data breaches …

Insurers Remain Unfazed by Risks of Clinical Trials for COVID-19 Vaccine

The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigor. Yet, while more than …

Marsh Appoints Franklin as Chief Digital, Data and Analytics Officer

Insurance broker and risk adviser Marsh has appointed Tamara Simpkins Franklin as chief digital, data and analytics officer, effective October 1. Based in New York, she reports to Marsh President and CEO John Doyle. In this role, Franklin will be …

University Insured Chinese Student Tuition Revenue Against Virus. Then COVID-19 Hit.

After becoming dean of the University of Illinois business school in 2015, Jeffrey Brown worried that politics or a virus would choke off a major source of revenue for his school: Chinese graduate students. So, in 2017, along with the …

Marsh Promotes Leney to Risk Management Leader for Asia and Pacific Regions

Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its Asia and Pacific regions. In his new role, Leney will oversee Marsh’s regional risk management teams as they build on …

Directors & Officers’ Insurance Rates Surge on Fears of Coronavirus Litigation

Premiums for directors’ and officers’ liability insurance surged in the second quarter, broker Marsh said on Monday, as insurance underwriters fear the coronavirus pandemic will lead to hefty litigation claims. Premiums for directors’ liability insurance, known as D&O, in Britain …

Global Commercial Insurance Rates Up 19% on COVID-19, Other Large Losses: Marsh

Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the latest Global Insurance Market Index released by broker and risk adviser Marsh. The increase, the largest since the Marsh index was launched in 2012, …

Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis

Morgan Stanley has expanded its insurance offerings to include property & casualty insurance coverage for its high net worth clients through insurance brokers HUB International, Marsh Private Client Services, and Willis Towers Watson. The coverage will target risks associated with …