Marsh
Marsh promotes Ricardo Brockmann to CEO of Latin America and Caribbean
The current CEO of Marsh Mexico is to replace Thomaz Menezes who has decided to leave the company to pursue other opportunities.
Market awaits Quinn fallout
Brokers, trade bodies and insureds in the UK and Ireland were seeking further clarification as to the true financial situation at Quinn's insurance businesses as Post went to press, amid mounting speculation that intermediaries are already seeking to…
OFT gives clearance to Marsh HSBC merger
The Office of Fair Trading has decided not to refer the merger of Marsh and HSBC Insurance Brokers to the Competition Commission.
Marsh will not accept contingent commissions in US
Marsh & McLennan’s US and Canada unit will not collect controversial contingent commissions in its core broking operations.
Professional Indemnity - Surveyros: Reduce exposure
With claims against surveyors showing no signs of abating, Ana Paula Nacif examines the move by professional indemnity insurers to tighten their underwriting criteria.
LSE rule change set to boost flotations
Following a prolonged period of inactivity for initial public offerings as a result of the global recession, Marsh has predicted that early signs of economic recovery and new rules for UK firms listing on the London Stock Exchange will lead to an…
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Biba 2010: Aggrogators, ale and Willis and Marsh
Post has unearthed the centuries old diary of Daul Ponaldson, Sun Insurance employee, revealing details of his first Great British Insurance Brokers' Association conference.
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
Marsh looks to Scottish law firm for real estate head
Candice Sammeroff who has 10 years' experience in the legal sector, joins Marsh from MacRoberts Solicitors in Glasgow.
Roundtable: Mobile Technology - Applying a mobile strategy
Ever since the launch of Apple's Iphone, the march of mobile technology, smart phones and applications has been relentless. So what opportunities and challenges do these developments present for the general insurance industry? Ant Gould reports.
View from the top: The tipping point
In his best-selling book The Tipping Point, Malcolm Gladwell says that ideas and behaviours spread like viruses, and that intervention (or a nudge) at just the right point — the tipping point — results in a cascade of change.
Liberty raids Marsh for Hogg to lead strategic assets arm
The arm aims to develop and underwrite a range of specialist risks including intellectual property, reputational risks, cyber insurances and non-material damage business interruption.
Marsh to take $600m hit on Kroll disposal
The Financial Times reports The Carlyle Group, Apax Partners and General Atlantic have all entered bids by the deadline for first expressions of interest in late February.
Phil Angus to lead Marsh’s Northern financial and professional business
Marsh has appointed Phil Angus to the newly created role of leader of its financial and professional national business for the Northern region.
Ex-Willis Network broker joins Marsh alternative
A founding member of the Willis Commercial Network has become one of the first brokers to sign up to Marsh's commercial network.
Biba welcomes NY broker commission stance
The British Insurance Brokers' Association has welcomed the decision by US insurance officials to allow three major brokers to resume accepting contingent commission, bringing legislation more in line with the UK.
Guy Carpenter COO to leave company- sources
Another senior member of Guy Carpenter's executive committee has resigned from the broker, Reinsurance has learned.
Energy insurance costs expected to fall by up to 20%
Despite an increase in the size and scale of new energy infrastructure projects, national oil companies and other energy and chemical concerns are experiencing fewer and less-severe major losses than in previous years, according to Marsh.
Rims “dismayed” at contingent commissions decision
The Risk and Management Society has expressed its dismay at the New York Insurance Department and Attorney General’s decision to allow brokers Aon, Willis and Marsh to accept contingent commissions.
Marsh to provide EMEA Construction Consulting Practice
Marsh has launched a specialist construction consulting practice to provide dispute resolution, risk advisory, and audit services to the construction and engineering industries across Europe, the Middle East and Africa.
Willis, Aon and Marsh reach agreement with NY insurance superintendent
The new agreement specifically recognizes that brokers met its obligations under the 2005 AOD over the last half decade, and ends many of the requirements imposed by the agreement.
Belgium train crash firm broked locally
The company which owned the two trains involved in a head-on collision on Monday at Halle, south-west of Brussels, is understood to have placed its insurance with a local broker.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.