Marsh
Week in Post: Spotlight falls on Banks
The spotlight has been on Arron Banks this week but we've also seen some major business acquisitions.
JLT shareholders have ‘overwhelmingly approved’ Marsh acquisition
Shareholders in JLT have voted 99.9% in favour of the acquisition by Marsh.
This month: Cavities and complaints
As whiplash legislation speeds through parliament, claims management companies have increasingly been looking into other avenues to keep the coffers full and cavity wall insulation claims have spiked. CMCs may be the industry’s own bugbear, but this…
GDPR filings a potential parametric insurance trigger
General Data Protection Regulation filings could be used as a potential trigger for payouts from cyber parametric insurance policies, a conference heard.
This Week in Post: Boing! It’s the executive magic roundabout
The last few months have seen some major executive changes across the UK’s largest insurance companies.
The evolution of risk modelling in insurance
Regulation might have helped to speed up the evolution of risk modelling but technology advances, especially cloud computing, are now taking this development to the next level. Edward Murray explores the benefits this is bringing and how insurance…
Marsh's Ailsa King on including mental health in diversity agenda
Insurance has progressed on diversity but stigma persists around mental health, writes Ailsa King, chief client officer, Marsh UK & Ireland, calling on the industry to create supportive workplaces.
Interview: Chris Lay, Marsh
Chris Lay enjoyed his time in Canada but Marsh’s new UK and Ireland CEO has no doubt that London is the place to be. “The UK is a priority for Marsh,” he told Cecile Brisson, just before the world’s biggest broker bought off London-based broker Jardine…
Marsh UK CEO defends broker facilities amid FCA's market-wide probe
The CEO of the UK's largest broker has defended broker facilities, amid an official probe into allegations the practice is anti-competitive.
Dive In: Marsh UK CEO decries lack of female 'pipeline' for senior roles
Marsh UK CEO Chris Lay has decried the lack of a 'pipeline' of women in line for senior roles, urging for flexible working as a possible solution.
Ratings agencies shift Marsh outlook to negative over JLT deal
Marsh’s whirlwind acquisition of JLT surprised ratings agencies, as it was a “larger” deal than expected from the world’s biggest broker.
This week in Post: Marsh makes move
Marsh has been the talk of the town this week as it acquired the shares in broker JLT, shoring up its position as the largest broker by revenue in the world.
Marsh appoints UK corporate CEO
Marsh has appointed Alistair Fraser as CEO of its UK corporate division and Joe Grogan as the chairman of Marsh Ireland.
Up to 3750 jobs at risk from Marsh's acquisition of JLT
Marsh expects to save around $250m in “cost synergies” from the acquisition of JLT, with up to 3750 jobs at risk.
Marsh's JLT deal 'could drive further M&A'
Marsh’s $5.6bn (£4.2bn) acquisition of JLT could spell opportunity for private equity-backed brokers, analysts believe.
Marsh group buys JLT for $5.6bn
Marsh & Mclennan will buy Jardine Lloyd Thompson for $5.6bn (£4.2bn) in a move that will shore up the company’s position as the largest broker in the world.
Video: Pauline Miller (Lloyd's), Jason Groves (Marsh) and Matthew Fosh (Axis) on Dive In 2018 and #time4inclusion
Time for inclusion is the theme of the fourth edition of the Dive In festival, which will take place in late September to encourage diversity in the insurance industry.
Bought by Many gains £15m in series B funding
Bought by Many has closed a £15m series B funding round led by Commerz Ventures and Marsh, alongside existing investors.
Parametric cover 'could go mainstream'
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Marsh group MGA eyes growth as it rebrands as ‘Victor’
Managing general agent the Schinnerer Group will rebrand as ‘Victor’ and is looking to double the $1bn in premiums that it already underwrites.
Interview: Patrick Tiernan, Aviva
Aviva Global Corporate & Specialty's new managing director Patrick Tiernan is confident of profitable growth. He tells Jonathan Swift how he hopes to take the business to the next level.
Marsh's case against Marshmallow melts
Insurtech startup Marshmallow has won a legal dispute from broker Marsh over the use of its name.
Analysis: Tracking rail risks
Railways are travelling through a changing landscape of severe weather risks and terror perils, but perhaps none so arresting as the cyber threats raised by their new reliance on digital connectivity
This Month in Post: shame, sunshine and an opportunity for change
Insurers have published their gender pay gap statistics. It was never going to go well and the industry's shameful figures further highlight that change is needed. With a bank holiday weekend approaching, perhaps it would be prudent to use that extra day…