All the headlines from our Marsh McLennan Topic Page, ordered by recency.
May 5 2020 // Marsh & McLennan Companies (MMC) marked the one-year anniversary of its acquisition of Jardine Lloyd Thompson (JLT) by reporting consolidated revenue in the first quarter of $4.7 billion, a 14% increase over the same...
Apr 29 2020 // Guy Carpenter & Co., LLC, the reinsurance brokerage business of Marsh & McLennan Cos., announced that George Williams has been appointed managing director, global head of Client Support Services, effective...
Apr 20 2020 // The Hilb Group, D.F. Dwyer & AssociatesThe Hilb Group LLC has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC. The transaction became effective February 1, 2020. Based in Newport, R.I.,...
Apr 1 2020 // Marsh subsidiary Marsh & McLennan Agency LLC (MMA) has acquired Schaumburg, Illinois-based Assurance Holdings Inc.Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage...
Mar 25 2020 // Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius to expand the detection and qualitative analysis of silent cyber exposure across various lines of business.RiskGenius...
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Feb 24 2020 // The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows.The...
Feb 10 2020 // Marsh & McLennan Agency LLC (MMA), the middle market subsidiary of Marsh, has appointed Peter Krause as Southeast Regional CEO, effective immediately.In this role, Krause will oversee MMA’s offices in Georgia,...
Feb 10 2020 // The Hilb Group, Kerr-Boswell, Wickford Insurance AgencyThe Hilb Group LLC has acquired Virginia-based Kerr-Boswell Inc. For more than 60 years, KB has provided employee benefits, property/casualty, life, health and...
Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...
Jan 21 2020 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Ironwood Insurance Services, LLC, an independent broker in the Southeast. Terms of the transaction were not...
Jan 13 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Jan 6 2020 // The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss record and client relationships, according to two reports published by...
Jan 6 2020 // Guy Carpenter & Co., the global reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Jeff Saper as CEO of the Pacific region, with immediate effect. In his new role, Saper will...
Dec 23 2019 // Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Patrick Schepens as CEO of the Benelux region, effective April 2020.Schepens will be responsible for...
Dec 18 2019 // American International Group (AIG) has named Peter S. Zaffino as president, effective Jan. 1, 2020. Zaffino will continue to serve as global chief operating officer of AIG and chief executive officer of General...
Dec 11 2019 // Managing General Underwriter Victor is now offering Guy Carpenter clients who are members of U.S. public entity insurance pools a range of property and casualty insurance products not traditionally offered by the...
Nov 25 2019 // Marsh, the insurance broker and risk adviser, announced that John Drzik, president, Global Risk and Digital (GR&D), will step back from full-time responsibilities as leader of GR&D effective Jan. 1, 2020, but will...
Nov 12 2019 // Guy Carpenter announced the appointment of Robert Johnston as chairman of Guy Carpenter’s Bermuda operations, and Peter Komposch as head of Casualty and Specialty, Bermuda, with immediate effect.Johnston has nearly...
Nov 4 2019 // Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers’ compensation profit measures, according to a new report from Guy...