Marsh
Marsh McLennan is one of the world’s largest professional services firm in the areas of risk, strategy and people. Its 83,000 colleagues advise clients in 130 countries. With annual revenue of over $20bn, MMC helps corporate and public sector leaders through four businesses - Guy Carpenter, Mercer, Oliver Wyman and its broking arm Marsh.
Marsh McLennan features in the Insurance Age Top 75 UK Brokers listing. Find out what other companies made the cut.
People Moves: 22 – 26 July 2024
Keep up to date with the latest insurance personnel moves.
TL Dallas grows Scottish presence buying Marsh Commercial’s Highlands and Islands business
TL Dallas has signed up to buy Marsh Commercial’s business in the Highlands and Islands of Scotland, with the deal expected to close in August.
Brown & Brown retail CEO Carter exits
The CEO of Brown & Brown’s retail division Duncan Carter has left the business, Insurance Age can reveal.
Biba reduces burden for board members after agreeing special resolution
The British Insurance Brokers’ Association (Biba) has recruited some new people to its main board and agreed to changes to make the commitment of those involved with all of its committees less onerous, including fewer meetings.
UK commercial insurance rates fell 2% in Q1 - Marsh
UK commercial insurance rates fell by 2% in the first quarter of 2024, whereas those in the global market rose 1%, according to the latest research by Marsh.
Ex-Marsh and Aon COO joins Thomas Carroll
The former chief operating officer of Aon’s UK retail business, David Whittaker, has joined Thomas Carroll Group in the same role.
Former Marsh boss Nick Harris joins Gallagher as UK & Ireland retail CEO
Gallagher has appointed Nick Harris as CEO of its UK & Ireland retail division, moving across from Marsh.
Tokio Marine to acquire MGA brand and staff from Marsh
Tokio Marine HCC International has reached an agreement with Marsh Specialty UK to onboard certain employees of Lavaretus Underwriting.
UK commercial pricing flat in Q4 – Marsh
UK commercial insurance pricing was flat in the final quarter of 2023 having posted its first fall in years in Q3, according to the latest research by Marsh.
Revenue up 8% at Marsh in 2023
Marsh boosted annual revenue by 8% to $11.38bn (£8.94bn) in 2023, as profits at parent Marsh McLennan grew.
Nick Harris to leave Marsh
Nick Harris is no longer taking up the role as CEO of UK retail and will be leaving the broker.
People Moves: 15 – 19 January 2024
Keep up to date with the latest insurance personnel moves.
Analysis: Aon’s £10.6bn NFP takeover not enough for it to replace Marsh as largest global broker
Aon’s £10.6bn acquisition of NFP earlier this week will not be enough to help it supplant Marsh McLennan as the world’s largest broker, according to a report.
Cyber risk management education needed for SMEs, says Marsh
According to Kelly Butler, UK cyber leader at Marsh, cyber remains a top priority, and there is a disconnect between the insurance world and the cyber security world.
People Moves: 11 – 15 December 2023
Follow the latest insurance personnel moves.
First fall in years as UK commercial pricing slips 1% in Q3
Pricing in the UK commercial insurance market fell by 1% in the third quarter of 2023, ending years of market hardening, research by Marsh has revealed.
People Moves: 23 - 27 October 2023
Stay in the loop with the latest insurance personnel moves.
Financial uncertainty ranked as the biggest concern for UK businesses, according to Marsh
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
Market Moves: October 2023
All the latest key personnel moves across the insurance market.
Theo Duchen, Lea Cheesbrough, Partners& and Marsh win big at UK Broker Awards 2023
Hailed as “a true technology entrepreneur”, Theo Duchen, co-founder of Acturis, pictured, won the Achievement Awards at the 2023 UK Broker Awards last night at the VOX, NEC, Birmingham.
Top 100 UK Brokers 2023: Directory - £750m plus
Gallagher - Marsh