Latest Marsh McLennan Headlines

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

Marsh & McLennan Names Bischoff Chief Financial Officer

Sep 5 2012 // Marsh & McLennan Companies Inc. has appointed J. Michael Bischoff as chief financial officer, effective immediately. Bischoff will report directly to the company’s president and CEO, Brian Duperreault.J. Michael...

Guy Carpenter Report Finds Lloyd’s Seeking to Improve ‘Competitiveness’

Aug 29 2012 // A new report on the Lloyd’s insurance market by Guy Carpenter & Co. finds that “Lloyd’s is looking to improve its global competitiveness despite mounting challenges including low investment returns,...

Mass.-Based Insurer A.I.M. Mutual Hires Former Guy Carpenter Executive

Aug 22 2012 // A.I.M. Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., has appointed industry veteran Michael Standing as vice president. His responsibilities include market and product...

Marsh & McLennan Q2 Profit Up 17%; Revenues Growing in All Divisions

Aug 8 2012 // Marsh & McLennan Companies reported on Tuesday $329 million net profit for its 2012 second quarter, a 17 percent increase from $282 million reported a year earlier.“Our outstanding second quarter results...

Business Moves – Midwest

Aug 6 2012 // Digital Insurance, SEBS of the MidwestBenefits-only agency, Digital Insurance, has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now operates under the banner of Digital Benefit Advisors...

Employers Turn to Healthcare Law’s Requirements

Jul 23 2012 // The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and...

People – East

Jul 23 2012 // Pawtucket, R.I.-based Narragansett Bay Insurance Company recently named Todd Hart as the new chief executive officer. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as...

Marsh & McLennan Agency Acquires Security Insurance Services

Jul 11 2012 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Security Insurance Services Inc., one of the largest insurance agencies in Wisconsin. Established in 1983,...

With Supreme Court Ruling In, Employers Turn to Healthcare Law’s Requirements: Mercer

Jul 10 2012 // The majority of employers in a recent survey said they had been waiting for the U.S. Supreme Court’s decision before developing a strategy to respond to the law’s provisions slated to go into effect in 2014 and...

Guy Carpenter Report Focuses on Asia-Pacific 2011 ‘Climate Issues’

Jul 9 2012 // The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, has released its third annual report, which presents the findings of the 27 research...

Marsh & McLenna Announces Promotion in Oliver Wyman Division in N.Y.

Jul 2 2012 // New York-headquartered Marsh & McLennan Companies Inc., has promoted Paula McGlarry to general counsel of Oliver Wyman Group, the company’s management consulting subsidiary. McGlarry also joins the Oliver Wyman...

Business Moves – East

Jun 18 2012 // American International GroupAIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products...

Marsh & McLennan Names Chief Knowledge Officer for Oliver Wyman Unit

Jun 15 2012 // New York-headquartered Marsh & McLennan Companies Inc. said its Oliver Wyman management consulting unit appointed Ana Kreacic as chief knowledge officer.Ana KreacicIn her role, Kreacic will develop and implement...

Towers Watson Exec Joins Marsh & McLennan’s Mercer Division

Jun 12 2012 // New York-headquartered Marsh & McLennan Companies appointed Rian Miller as general counsel of Mercer, a human resource consulting subsidiary.Rian MillerMiller was most recently with Towers Watson, where she served as...

Marsh & McLennan Agency Acquires Progressive Benefit Solutions

Jun 8 2012 // Marsh & McLennan Agency LLC (MMA), a subsidiary of broker Marsh Inc., acquired Progressive Benefit Solutions (PBS), a $5 million revenue employee benefits agency based in Raleigh, North Carolina. Terms of the...

People – South Central

Jun 4 2012 // Richard Knabb, the tropical weather expert at The Weather Channel, will be the next chief of the National Hurricane Center.Knabb started working at the hurricane center in 2001. He was a senior hurricane specialist at the...

People – Southeast

Jun 4 2012 // Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency...

Google Names Former MMC Exec Wittman as CFO of Motorola Mobility Unit

May 31 2012 // Internet search giant Google has named Vanessa Wittman as the new chief financial officer of its newly acquired Motorola Mobility Holdings unit.Vanessa WittmanGoogle made the announcement last week when its $12.5 billion...

Q1 Earnings: AIG, Liberty Mutual Profits Soar

May 21 2012 // AIG Profit More Than DoublesAmerican International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago....

People – East

May 21 2012 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, appointed Andrew Marcell as chief executive officer of U.S. operations and Pete...