The UK’s Legal & Professional Insurance has entered into an agreement with Marsh, to provide professional indemnity insurance, initially for the 2011/2012 year, for law firms with two and three partners. All firms in this category applying through the Legal …
Marsh & McLennan Companies Inc. reported 12 percent combined revenue growth for the second quarter, reflecting new business and increased retention in insurance and risk services, along with growth in consulting. Consolidated revenue in the second quarter of 2011 was …
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Prescott Pailet Benefits LP (PPB), a $6 million employee benefits broker based in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 2006 …
Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of business, according to leading insurance broker Marsh. …
Marsh has announced the formation of a new “Global Mining Practice,” which it said “harnesses all of its mining expertise, experience, and relationships around the world.” The move comes as “mining organizations pursue growth opportunities outside their home countries.” As …
Employers who supply their employees with company cell phones, laptops, BlackBerries, iPads and other portable devices could be in for a surprise if an employee is injured while using the device when off-site or off the clock. Insurance claims professionals …
Insurance broker Marsh has appointed Marleen Judge to lead its St. Louis office. Judge brings more than 20 years of corporate risk management experience to the role. She will be responsible for client relationships and development, client service, client retention, …
The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …
A new study from financial market research consultants Finaccord forecasts that the market for professional indemnity insurance across ten European countries – Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Sweden, Switzerland and the UK – will be worth around €7 …
Global businesses do not understand the intellectual property risks facing their organizations or the value of their intangible assets, a new report says. Three-quarters of organizations are unable to identify the proportion of their firms’ value that could be attributed …
