Marsh
With offices in more than 130 countries, Marsh is a leading insurance broker and risk advisor. It provides industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology, and analytics to help reduce clients’ total cost of risk.
With more than 45,000 colleagues worldwide, Marsh provides commercial and individual clients with insights, advice, and support in the local markets in which they operate or where their business may face risks.
RSA walks back on Marsh criticism in FCA's BI test case
As RSA changed its mind on part of its argument that drew criticism from Marsh, the Financial Conduct Authority said insurers were failing to take account of “the true nature of the insurance provided” in its business interruption test case, according to…
People Moves Round-up: 29 June - 3 July 2020
Keep up to date with the latest people moves.
Marsh reveals sport, entertainment and media industry group
Group launched in response to Covid-19 impact on SEM sector and will be led by Richard Tolley, deputy leader, global sports and events.
Marsh bites back as RSA alleges it is on the hook for wording in FCA BI test case
Marsh has disputed RSA allegations its clients should be liable for brokered policy contract issues in the Financial Conduct Authority’s business interruption test case, as brokers were dragged into the ongoing proceedings.
TL Dallas reveals growth plans
Broker's MD Polly Staveley and commercial MD Tim Mortimer discuss modernising the business, acquiring specialist teams and how the firm has been impacted by the coronavirus.
Brokers mixed response to Black Lives Matter
Updated: Some have pledged an “anti-racist” approach but there is little ethnicity data available to measure performance.
TL Dallas takes commercial MD from Marsh Commercial
Tim Mortimer has joined the Bradford-headquartered broker with the aim to grow its commercial division.
Hiscox has highest number of policies highlighted by FCA test case
Seventeen wordings will be assessed as part of the test and the FCA list shows 34 Hiscox policies affected so far, as regulator says list is a "representative sample" which is "not comprehensive".
Former MP Amber Rudd joins ‘Pan Re’ committee alongside series of industry big hitters
Aon’s Julie Page and Marsh’s Chris Lay are to lead the distribution working group as Jon Dye also joins the Stephen Catlin-led organisation.
Ageas partners with Victor in £60m capacity deal
Agreement sees the insurer provide capacity for Victor's products across agriculture and the third sector over the next five years.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in lockdown
In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how brokers maintain their ‘trusted adviser’ status during these difficult time.
Covid-19: Are brokers taking pay cuts to get through the crisis?
After Aon stated that 70% of its staff are expected to take reductions in salary as the business tackles the economic impact of the coronavirus, other UK brokers reveal a mixed approach to the situation.
Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Blog: Open or closed – the branch dilemma facing brokers
As the first working week of self-isolation comes to a close for many, Insurance Age content director Jonathan Swift looks at the stance brokers are taking in terms shutting up shop or keeping their branches open.
Jelf sues DRP for alleged staff and client poaching
Court documents reveal Jelf believes its losses total over £1.2m.
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
Aon and WTW deal expected to result in savings
Business expects to pay around $1.4bn in integration costs.
News analysis: Networks come under pressure
With Marsh merging its three networks under one banner and consolidation continuing to reduce the pool of potential broker members, Martin Friel investigates what the future holds for networks.
Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Movo Insurance set to pass 30 members
Exclusive: The business transformed from a broker to a network and franchise model last year.
Marsh's network merger will give brokers more options, claims network boss
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
JLT costs reach $6.8bn at Marsh
Financial results also show that revenue grew 10.2% at Marsh in 2019.