Marsh News

Marsh Partners with FireEye on Cyber Risk Management Program

Marsh and cybersecurity company FireEye, Inc., have collaborated to offer clients Marsh Cyber OASIS (Objective Assessment Scorecard of Information Security). This service is designed to assists clients by providing an objective evaluation of their organization’s ability to detect and respond …

Marsh Appoints Porter-Wright as Leader of UK Specie Division

Marsh has appointed Marcus Porter-Wright as leader of its UK Specie Division. Porter-Wright will lead Marsh’s team of 30 specialists, which provides insurance and risk management advice to clients globally concerning highly valuable property, cash in transit, precious metals and …

Use of Captives Rises for Non-Traditional Risks: Marsh

Captive insurance vehicles are increasingly being used by businesses to provide cover for non-traditional risks, according to a new benchmarking report published by Marsh. Marsh’s report, “The World of Captives: Growth and Opportunities Without Borders,” states that the number of …

Marsh Launches Cyber Risk Assessment Services

Marsh has launched Marsh Cyber Monitor and Marsh Cyber View, new cyber risk assessment services to help the risk management community effectively understand, measure, and manage their cyber risk. These offerings are part of a broader effort by Marsh to …

UK Report Highlights Role of Insurance in Managing, Mitigating Cyber Risk

Last year 81 percent of large UK businesses and 60 percent of small companies suffered a cyber security breach. In response to this increasing threat, a report published by the UK government and Marsh, one of the UK’s leading insurance …

Oil Tankers Run Gauntlet in Nigeria’s ‘Pirate Alley’

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as …

Marsh Acquires Trade Insure NV in Belgium

Marsh, a global leader in insurance broking and risk management, announced it has acquired Trade Insure NV, a distributor of credit insurance policies in Belgium. Terms of the transaction were not disclosed. Founded in 1990 and based in Aalst, Belgium, …

Top 10 Casualty Insurance Trends for 2015: Marsh

While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The following report outlines 10 key trends that Marsh …

Marsh Offers Consumer Class-Action Settlement Insurance

To assist companies seeking to settle consumer class-action lawsuits gain greater certainty over their potential payouts, insurance broker Marsh has launched a specialty insurance product that transfers a company’s known settlement exposure to the insurance market. Created by Class Action …

Marsh Names Cormier, Poulos to Executive Posts

Insurance broker Marsh announced two executive appointments. Michael Cormier, who most recently led Marsh Risk Consulting, has been named to the position of head of Portfolio Development. In this role, Cormier will oversee acquisitions, strategic alliances and partnerships in line …