Latest Marsh McLennan Headlines

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

AXA Liabilities Managers Acquires Gothaer Re Run-Off Portfolio

Jul 9 2018 // Specialist run-off acquirer and manager AXA Liabilities Managers (AXA LM) has acquired the legacy assumed portfolio of Cologne-based Gothaer Finanzholding A.G., which is been in run-off since it ceased trading in 2004.The...

Marsh & McLennan Agency Acquires Minnesota’s Klein Agency

Jul 6 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Klein Agency Inc., a St. Paul, Minnesota-based surety and property/casualty agency specializing in the construction...

Marsh & McLennan Agency Acquires Maryland’s Insurance Associates

Jul 3 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Insurance Associates, a Rockville, Md.-based independent insurance agency specializing in the construction industry. Terms...

People

Jun 18 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO.In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky...

Goldman Sachs Insurance Head Kumar Joins Guy Carpenter’s GC Securities

Jun 4 2018 // Reinsurance intermediary Guy Carpenter & Co. said it has hired Shiv Kumar as president and global leader of GC Securities, Capital Markets. Kumar was previously global head of Insurance Structured Finance at Goldman,...

Mercer’s Sun to Succeed Zheng as CEO of AIG’s China Insurer

May 24 2018 // American International Group announced that Lisa Sun will join the company as chief executive officer of AIG Insurance Company China.Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong...

Aon’s Carver Joins Guy Carpenter’s UK Non-Marine Team as Managing Director

May 23 2018 // Reinsurance broker Guy Carpenter & Co. announced the appointment of Richard Carver as managing director and senior broker in the firm’s UK non-marine division. Carver has 30 years of experience in the reinsurance...

Marsh & McLennan Names Gustfason to New Chief Public Affairs Post

May 8 2018 // Marsh & McLennan Companies announced that Erick R. Gustafson has been appointed as the company’s first chief public affairs officer. Gustafson has led the company’s Government Relations Department since...

Marsh & McLennan Agency’s Blue Named President of Illinois’ Alera Group

May 7 2018 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has appointed Jim Blue as president. Blue’s responsibilities will involve working...

Guy Carpenter Promotes Fletcher to Bermuda Chairman; Hires Aon’s Morris

May 1 2018 // Reinsurance specialist Guy Carpenter & Co. announced the promotion of John Fletcher to chairman of the firm’s Bermuda operations.The firm also appointed a former Aon Bermuda executive to its Bermuda team. In his...

Marsh & McLennan Agency Names Ivey CEO of Southeast Region

Mar 27 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO.In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky,...

Aon Benfield Taps Paire & Karhan from Carpenter for Capital Advisory, Terrorism Specialty Units

Mar 8 2018 // Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announces two new high profile appointments to lead its Capital Advisory and Terrorism Specialty divisions: Eric Paire and Emma Karhan,...

People

Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office.She will manage a book of existing marine clients and develop new cargo and...

Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered

Mar 1 2018 // Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business interruption (BI) caused by acts of terrorism “using remote digital interference.”The...

Marsh & McLennan West Names New Principals in California and Alaska

Feb 5 2018 // Marsh & McLennan Insurance Agency has promoted eight executives to principals of the firm.In San Diego, the new Principals are Donna DeBolt, Wayne Pages, Greg Pendergast, Erin Quigley, Jeff Simpson, Ryan Stover, and...

People

Jan 8 2018 // Rogers & Gray Insurance, a South Dennis, Mass.-headquartered insurance agency, has hired Erin Schaaf as the company’s new chief operating officer.Schaaf brings nearly three decades of experience in the insurance...

New York-Based Marsh & McLennan Appoints Mills as VP and Controller

Dec 15 2017 // Marsh & McLennan Companies Inc., a New York, N.Y.-headquartered, global professional services firm, has appointed Stacy Mills as vice president and controller, effective January 1, 2018.In this role, Mills will serve...

Guy Carpenter Chairman Newhouse to Retire at Year End

Nov 28 2017 // Guy Carpenter Chairman Britt Newhouse is retiring at the end of 2017, a company spokesperson has confirmed.Newhouse has been chairman of the reinsurance broker/strategic advisory firm as part of leadership changes at the...

Insurance Entrepreneurs Launch Core Assurance Partners in Virginia

Nov 9 2017 // Core Assurance Partners, a newly formed insurance and risk management firm based in Hampton Roads, Va., is expanding its core competencies across industries and building on specialized expertise in the real estate,...

Once-Stable P/C Insurance Lines Faces Challenges Ahead: Guy Carpenter

Nov 6 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...