Marsh News

Marsh & McLennan Agency Acquires Maryland’s Employee Benefits Group

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and retirement consulting. Founded in 1987, EBG provides employee health …

Marsh Names AIG’s Bauer as Sharing Economy, Mobility Practice Leader

Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on developing and delivering products and services to companies operating in the new economy, working with others across Marsh including Marsh’s …

Beazley, Marsh Launch Cyber Coverage Product for Manufacturers

Beazley and Marsh have partnered to provide tailored cyber insurance cover and breach response for U.S. manufacturers. The new Manufacturer’s First Response, a Marsh and Beazley Breach Response (BBR) initiative, offers coverages tailored specifically to address cyber and operational risks …

MMC Acquisition of JLT on Track to Close in Spring

Marsh & McLennan Cos.’ $5.6 billion acquisition of Jardine Lloyd Thompson Group is on track to close this spring. MMC CEO Dan Glaser, who described the deal as one of “strength on strength,” told analysts today that the transaction is …

Marsh Places 10,000-Plus Risks During 2018 via London’s Placing Platform (PPL)

Marsh announced it placed more than 10,000 risks in 2018 through Placing Platform Ltd. (PPL), the electronic insurance placement platform used by Lloyd’s, London market insurers, and brokers. Marsh has now bound more than 15,000 risks in total on the …

Marsh Launches Cyber Self-Assessment Tool for Clients

Marsh has launched a next-generation online cyber self-assessment tool. The tool incorporates the latest insights on cybersecurity best practices to provide clients cybersecurity program diagnostic and serve as a single application for cyber insurance. The enhanced cyber assessment uses information …

Marsh Launches China Desk in Dubai to Tap Growing Business Links

Marsh, one of the world’s largest insurance brokers and risk advisers, has launched a China desk in Dubai to benefit from growing commercial links between China, the Middle East and Africa, its regional chief executive said. The subsidiary of U.S. …

Post-Merger, Marsh-JLT Specialty Leaders Announced for UK & Ireland

Global insurance broker Marsh announced the appointments of specialty leaders for the UK & Ireland. These appointments will be effective upon closing of the transaction between Marsh’s parent company, Marsh & McLennan Companies and JLT, which remains subject to certain …

Marsh Awarded Abu Dhabi’s First Captive Insurance Management Licence

Insurance broker Marsh has been awarded the first licence to provide captive insurance management services in Abu Dhabi. Operating as Marsh Management Services (MENA) Limited, the firm has been authorised to provide captive insurance management services by Abu Dhabi Global …

JLT Re’s Chairman Howard Named Vice Chairman of Guy Carpenter

Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos. (MMC), announced a new leadership appointment from Jardine Lloyd Thompson Group plc (JLT). Effective upon closing of the transaction between …