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.
Succession planning: providing support to smooth the exit transition
Selling a broker can be an emotional experience, especially if the founder has run the business for a long time. Rachel Gordon looks at the options available for those with little M&A knowledge seeking an exit.
UK commercial insurance price rises ease again in Q1 – Marsh
Commercial insurance pricing in the UK rose by 3% in the first quarter of the year, down slightly on the 4% uplift in the final quarter of 2022, according to research by Marsh.
Ex-Marsh Commercial leader David Bruce joins Acrisure
David Bruce joined Acrisure as chief operating officer and network CEO, Insurance Age can reveal.
Analysis: The powerful surge in record-breaking tradesman premiums
Insurance Age unpacks the impact of inflation, changing customer needs and rising demand along with the shifting insurer appetite in tradesman insurance.
Marsh McLennan names Chris Lay as UK CEO
Chris Lay has been appointed UK CEO of Marsh McLennan in addition to his responsibilities as CEO of Marsh UK, effective 1 March 2023.
US authorities notified of Marsh McLennan's controversial African pipeline involvement
US authorities have been alerted by human rights groups to Marsh’s involvement with the controversial building of an East African oil pipeline.
Aon reports 4% commercial organic growth for Q4 2022
Aon has posted $2.59bn (£2.11bn) of profit for 2022, up from $1.26bn the year before when it was hit by over $1bn of costs from the failed merger with Willis Towers Watson.
Rates rises slowed across UK insurance towards end of 2022
The pace of rate rises across UK insurance slowed down towards the end of last year, increasing by just 4% in the fourth quarter, according to Marsh specialty and global placement data.
Marsh navigating ‘uncertain world’ as revenue rises 3% in 2022
Marsh has posted a 3% revenue rise to $10.51bn (£8.5bn) in 2022.
People Moves: 16 - 20 January 2023
Keep up to date with the latest personnel moves within the insurance market.
AssuredPartners appoints Ben Crabtree as London MD
Ben Crabtree has been appointed managing director of AssuredPartners London. He will report to AssuredPartners International CEO David Heathfield.
Headline makers: December 2022
The key stories from the past month all in one place.
Marsh blasts off with insurance for first space rocket launch from UK soil
Marsh has revealed that it has placed insurance for the first space rocket launch from UK soil, arranging it on behalf of Space Forge and placing it with Beazley to cover risk of loss to the Forgestar payload.
Zurich becomes GAIN’s first Industry Transformer member
Zurich Insurance has become the Group for Autism, Insurance, Investment and Neurodiversity’s first Industry Transformer member.
Insurers going back to basics on schemes - BLW's Brett Sainty
Following claims that schemes commission and volumes have dropped over the past 12 months, BLW Insurance Brokers’ CEO, Brett Sainty, told Insurance Age that insurers have gone back to basics when it comes to delegated authority partnerships.
People Moves: 31 October - 4 November 2022
Keep up to date with the latest insurance personnel moves.
Marsh reports easing of UK commercial pricing rises
Commercial insurance pricing in the UK rose by 7% in the third quarter, according to research by Marsh.
Blog: What next for ex-Zurich retail boss Martin?
As revealed by Insurance Age, Zurich head of retail Dave Martin has flown the nest. With the next home yet to be announced Emmanuel Kenning looks at where he might land
Market Moves – October 2022
The latest recruitment news from around the industry.
UK Broker Awards 2022: Schemes Broker of the year
Marsh Commercial’s schemes business hit double-digit growth last year after a huge effort to put becoming a trusted adviser at the heart of its culture. The company set out to relentlessly focus on clients and continuously develop its team and technology…
Doyle to take over as Marsh McLennan CEO as Glaser announces retirement
Marsh McLennan has announced that John Doyle will take over as president and CEO at the beginning of 2023 succeeding Dan Glaser.
UK Broker Awards 2022: Meet the winners
Clegg Gifford & Co was named Broker of the Year and David Howden was awarded the Achievement Award as brokers came together for the first time at its traditional venue - The Brewery - since before Covid-19 to celebrate the UK Broker Awards.
Interview: Chris Wallace, executive director, UK, QBE Insurance
Chris Wallace, executive director, UK, QBE Insurance, speaks to Siân Barton about his career to date, a love for all things Latino and Liverpudlian and his plans for the future
Survey: How can brokers grow business in challenging times?
A recent broker barometer survey conducted by Insurance Age, in association with Close Brothers Premium Finance, explored current sentiment around business growth for insurance brokers in today’s environment, exploring current challenges and the expected…