Latest Marsh McLennan Headlines

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

Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool

Oct 18 2021 // Guy Carpenter & Co., the reinsurance business of Marsh McLennan has announced the launch of a Wildfire Risk Score designed to help clients manage their exposure to the evolving risk of wildfire across Europe. The...

Broker BMS Re Launches Operations in Brazil, Led by 2 Former Guy Carpenter Execs

Sep 29 2021 // BMS Re, the independent specialist reinsurance broker, announced the launch of BMS Brasil Corretora de Resseguros Ltda (BMS Re Brazil), headquartered in Sao Paulo.Confirmation of BMS Re Brazil’s license was published...

P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter

Sep 10 2021 // Property and casualty reinsurers have displayed underwriting discipline during this year’s renewals, continuing with rate corrections that began several years ago, despite the pressures of abundant capacity. Prices...

Lloyd’s Council Appoints Guy Carpenter’s Carter as 1st Female Deputy Chair

Jul 23 2021 // Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021.Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the...

MMC Q2 Revenue Up 20%; Marsh Up 23%

Jul 22 2021 // Global insurance and professional services firm Marsh McLennan (MMC) reported financial results for the second quarter ended June 30, 2021, including consolidated revenue of 2021 of $5.0 billion, an increase of 20%...

People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders

Jul 20 2021 // Hacking Expert Bixby Joins Aon Cyber SolutionsAon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security...

Guy Carpenter Launches Suite of Climate Advisory and Modeling Services

Jul 9 2021 // Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and modeling services, as companies look to develop and integrate robust climate change strategies...

People Moves: Safety National Signs O’Grady; MMC’s McMillan Joins AIG Investor Relations

Jun 9 2021 // O’Grady Joins Safety National’s Large Casualty UnitSafety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which is...

Guy Carpenter Names Co-Heads of Cyber, Hiring Swiss Re’s Cordonnier, Promoting Davis

Apr 19 2021 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the appointment of Anthony Cordonnier as managing director and global co-head of Cyber, effective the second half of 2021, and the...

Marsh & McLennan Agency Acquires PayneWest in Montana

Apr 5 2021 // Marsh & McLennan Agency LLC has acquired Missoula, Mont.-based PayneWest Insurance.Terms of the deal were not disclosed. PayneWest will operate as MMA’s Northwest regional hub under Kyle Lingscheit, CEO of...

Guy Carpenter Launches Asia Pacific Capital Advisory Group

Mar 30 2021 // Guy Carpenter & Co., reinsurance specialist and a unit of Marsh McLennan, announced the launch of its Capital Advisory Group in Asia Pacific, with the appointments of Michael Owen and Hussain Ahmad to lead this new...

Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer

Mar 16 2021 // The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management consultant firm that has...

Marsh & McLennan Drops &

Mar 16 2021 // In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the ampersand to become Marsh McLennan.The company says the change is meant to...

Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan

Feb 17 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc. and a $4.1 billion stake in oil company...

Marsh & McLennan Hires Diversity Officer With Experience at Starbucks, NBA

Feb 12 2021 // Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16.Shaw most recently served as...

Guy Carpenter Appoints Former Gen Re Exec Toffanello as Head of Japan

Dec 8 2020 // Guy Carpenter & Co., the reinsurance specialist and a business of Marsh & McLennan Cos., announced the appointment of Pietro Toffanello as head of Japan in Q1 2021.In this role, Toffanello will be responsible for...

Nebraska Agency, INSPRO, Acquired by Marsh & McLennan Agency

Dec 4 2020 // Marsh & McLennan Agency LLC (MMA) has acquired INSPRO, a full service, independent agency in Lincoln, Nebraska.Terms of the acquisition were not disclosed. For more than 80 years, INSPRO has been providing business...

Broker BMS Names Pope from Guy Carpenter as Executive Chairman in Latin America

Dec 3 2020 // BMS Group, the independent specialist re/insurance broker, announced the appointment of Aidan Pope as executive chairman of its Latin American and Caribbean business, effective on Jan. 1, 2021.Pope will focus on growing...

Marsh & McLennan Agency Acquires Heritage Insurance Service of Kentucky

Dec 2 2020 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an independent agency in Louisville, Ky. Terms of the acquisition were not...

Cyber Security Top Concern for Businesses in ‘Age of Risk:’ Marsh & McLennan’s Glaser

Nov 17 2020 // Cyber security has emerged as the most pressing exposure for business confronting a new “age of risk,” topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, the head...