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.
Broking Break - Your Top 5
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.
Phil Barton exits Jelf
Barton leaves with immediate effect and will be replaced by Anthony Gruppo.
Marsh-owner gains approval to buy Jardine Lloyd Thompson
Purchase has been approved by the European Commission.
Marsh-parent raises $250m of fresh debt
The move, the second debt raise this week, is to fund its acquisition of JLT.
Podcast: The top five stories of the week
Ida Axling and Siân Barton address the top news pieces over the past five days.
Marsh reveals plan to raise €1.1bn
The money will be used to fund its JLT acquisition, related fees and expenses, and to repay JLT debts.
Aon confirms deal talks with Willis Towers Watson
The businesses emphasised that the talks were in a preliminary stage.
Gallagher buys JLT’s aerospace operations in £190m deal
The global deal affects the UK with 100 London Market employees joining Gallagher.
Revenues up at JLT in 2018
But broker reveals pre-tax profit fall due to transaction costs related to $5.6bn takeover by Marsh & McLennan Companies.
News analysis: Pivotal point for personal lines
Could a torrent of news about redundancies, buys, partnerships and losses indicate big changes to come?
Profits rebound for Marsh owner in 2018
Global giant’s revenue rises 6.6%.
Podcast: The top five stories of the week
Ida Axling hosts the first show of 2019.
Shuker and Barton reveal details of deal
Shuker’s A-Plan has taken on the personal lines business for Jelf and Barton explains that moving the business to call-centre focused broker would have been a “retrograde step”.
Jelf transfers personal lines business to A-Plan
Business from 26 Jelf branches has been moved to A-Plan with 59 Jelf staff redeployed to other roles within the Marsh-owned broker and 19 people joining A-Plan.
Marsh owners reveal $5bn debt plans for JLT deal
Six tranches of bonds the longest dated for 2049.
Review of the year: November 2018
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.
More leaders revealed for Marsh-JLT Specialty UK & Ireland team
The appointments will be effective once regulatory approval for the takeover of JLT by Marsh is completed.
Marsh unveils leadership teams for after JLT takeover
Broker announces a slew of management appointments in its regional, specialty and placement teams.
Review of the year: September 2018
As the sweltering heat continued into September brokers saw opportunities in Marsh's JLT deal and were also interested in Ardonagh buying Swinton and RSA's shock profit warning.
In Person: Head of Marsh Networks David Hopwood
Hopwood on being owned by Marsh, restructuring the networks division and why he wants brokers to remain independent.
Bluefin fine – 32 FCA staff directly involved in investigation
One year on a Freedom of Information of request from Insurance Age reveals the timeline of events.
Geoff Kirk joins GRP’s Marshall Wooldridge as MD
He takes the role from business founder James Hall who has become CEO.
Podcast: The top five stories of the week
Roving reporter Jonathan Swift dials in for this week's episode.
Quizzical questions: 16 November 2018
Test your knowledge of the week's news with our topical quiz.