Latest Marsh McLennan Headlines

All the headlines from our Marsh McLennan Topic Page, ordered by recency.

People

Nov 6 2017 // Los Angeles, Calif.-based Worldwide Facilities has named Cameron Kelly its chief operating officer.Kelly will be responsible for managing the company’s production offices, compliance, and acquisition integration. He...

Marsh & McLennan Total Revenues Up 7% in Q3

Oct 26 2017 // Global insurance and risk services firm Marsh & McLennan Companies reported financial results for the third quarter that include $3.3 billion in consolidated revenue, an increase of seven percent over third quarter...

Once-Stable P/C Insurance Lines Face Headwinds: Guy Carpenter

Oct 23 2017 // While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going forward.In...

ICW Group in California Names Guy Carpenter’s Novak Chief Operating and Strategic Execution Officer

Oct 19 2017 // San Diego, Calif.-based ICW Group Insurance Cos. has named John Novak chief operating and strategic execution officer. Novak will succeed David Hoppen, who accepted the position of president of VerTerra Insurance Co. (a...

Venbrook in California Names Mercer’s Exton Managing Director

Oct 11 2017 // Los Angeles, Calif.-based Venbrook has named Lee Exton managing director of employee benefits and total rewards. Exton will oversee all aspects of benefits and total rewards programs. Exton has more than 25 years of human...

Carpenter Appoints Yoder to Lead Global Innovation & Product Development

Oct 5 2017 // Guy Carpenter & Co., the reinsurance brokerage subsidiary of Marsh & McLennan Cos., has appointed Claude Yoder as managing director and global chief innovation and product officer, effective Sept. 18.Yoder is based...

Rising Cost of Employee Benefits

Oct 2 2017 // It’s no secret that health insurance costs more and employers are planning for that trend to continue.Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which...

Employers Expect Above-Average Rise in Cost of Employee Benefits in 2018: Mercer Survey

Sep 18 2017 // Employers expect that their average cost per-employee for health benefits will rise by 4.3 percent in 2018, which is above the average increase of 3 percent of the past five years.Early responses from Mercer’s...

Guy Carpenter’s Balderston to Join JLT Re Credit and Political Risk Team

Sep 12 2017 // Global reinsurance broker JLT Re has reported that Stephen Balderston will be joining its Credit and Political Risk team as a partner once he has completed his contractual obligations with his current employer, Guy...

Swiss Re’s Eisele Joins Guy Carpenter as CEO of Pacific Region; Eider Joins Advisory Board

Sep 8 2017 // Global reinsurance specialist Guy Carpenter & Co., a wholly-owned subsidiary of Marsh & McLennan Companies, has appointed Andre Eisele to the role of CEO of the Pacific Region. In addition, Heinrich Eder will join...

Guy Carpenter Promotes Boyce to Deputy CEO of Global Specialties

Sep 6 2017 // Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., announced that James Boyce has been promoted to deputy CEO, Global Specialties, effective...

Former Marsh Executive Bob Newhouse Dies on Aug. 26

Aug 31 2017 // Former insurance industry executive and innovator, Robert “Bob” J. Newhouse Jr. died on August 26, 2017, following a brief illness.He spent 36 years at Marsh & McLennan Cos. (MMC), where he served as a...

Guy Carpenter Names Gallagher CEO of Asia Pacific Region; Jones Is Chairman

Aug 2 2017 // Guy Carpenter & Co. announced that Tony Gallagher has been appointed CEO of the Asia Pacific Region, with immediate effect. In addition, Richard Jones has been promoted to chairman of the region.Most recently CEO of...

Jeatran Named Marsh & McLennan Agency President; Mott Becomes Chief Operating Officer

Aug 1 2017 // Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, appointed Bill Jeatran as president and Christina Mott as chief operating officer.Both will report to David Eslick, chairman and CEO of MMA....

Marsh & McLennan Reports Q2 Revenue Growth

Jul 27 2017 // Marsh & McLennan Companies reported revenue increases across all of its four operating units, along with margin expansion in insurance and consulting businesses, in its financial results for the second...

People – Midwest

Jul 24 2017 // AF Group, headquartered in Lansing, Mich., has appointed Eric Halter director of AF Specialty, a new brand focused on providing fronting capacity to insurance carriers, managing general agents, reinsurance intermediaries...

Guy Carpenter Names Hettinger to Lead U.S., Canada Advisory Services

Jul 17 2017 // Reinsurance specialist Guy Carpenter & Co. has appointed Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the United States and Canada. Most recently, Hettinger was...

Doyle Named to Succeed Departing Zaffino as CEO of Marsh

Jul 6 2017 // Marsh & McLennan Companies Inc. has appointed John Doyle as chief executive officer of its broker Marsh, effective immediately. Doyle will report to Marsh & McLennan Companies President and CEO Dan Glaser and...

Marsh CEO Zaffino Joins AIG as Global Chief Operating Officer

Jul 5 2017 // Brian Duperreault, the new CEO of American International Group (AIG), has tapped Peter Zaffino, a former colleague at insurance broker Marsh, to be executive vice president, global chief operating officer at AIG.In his...

Guy Carpenter Launches Unit Offering Retrocession Services to Asia-Pacific Clients

Jun 29 2017 // Guy Carpenter & Co. has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region called GC Asia Pacific Retro.GC Asia Pacific Retro provides a wide range of retrocession...