Marsh
With offices in more than 130 countries employing over 45,000 people, Marsh aims to provide industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology, and analytics to help reduce its clients’ total cost of risk.
Alistair Brighton named Marsh UK corporate and commercial CEO
Marsh has appointed Alistair Brighton as corporate and commercial UK CEO, succeeding Alistair Fraser who is moving to the newly created role of international corporate and commercial leader.
Marsh and LMG leaders call for proportionate regulation at parliamentary session
Chris Lay, CEO of Marsh McLennan UK and of Marsh in the UK, and Caroline Wagstaff CEO of the London Market Group, have called for proportionate and agile regulation of insurance in an evidence session at Parliament.
People Moves: 22 – 26 July 2024
Keep up to date with the latest insurance personnel moves.
UK pricing continues down – Marsh
Insurance rates in the UK fell 3% in the second quarter of 2024, continuing on the downwards trajectory from the previous three months, according to the latest research by Marsh.
And the BIA 2024 broker award winners are…
Former British Insurance Brokers’ Association CEO Steve White was honoured with the Achievement Award at last night’s British Insurance Awards.
People Moves: 24 – 28 June 2024
Keep up to date with personnel moves within the insurance industry.
TL Dallas grows Scottish presence buying Marsh Commercial’s Highlands and Islands business
TL Dallas has signed up to buy Marsh Commercial’s business in the Highlands and Islands of Scotland, with the deal expected to close in August.
Brown & Brown retail CEO Carter exits
The CEO of Brown & Brown’s retail division Duncan Carter has left the business, Insurance Age can reveal.
Biba reduces burden for board members after agreeing special resolution
The British Insurance Brokers’ Association (Biba) has recruited some new people to its main board and agreed to changes to make the commitment of those involved with all of its committees less onerous, including fewer meetings.
UK commercial insurance rates fell 2% in Q1 - Marsh
UK commercial insurance rates fell by 2% in the first quarter of 2024, whereas those in the global market rose 1%, according to the latest research by Marsh.
Ex-Marsh and Aon COO joins Thomas Carroll
The former chief operating officer of Aon’s UK retail business, David Whittaker, has joined Thomas Carroll Group in the same role.
Former Marsh boss Nick Harris joins Gallagher as UK & Ireland retail CEO
Gallagher has appointed Nick Harris as CEO of its UK & Ireland retail division, moving across from Marsh.
Tokio Marine to acquire MGA brand and staff from Marsh
Tokio Marine HCC International has reached an agreement with Marsh Specialty UK to onboard certain employees of Lavaretus Underwriting.
UK commercial pricing flat in Q4 – Marsh
UK commercial insurance pricing was flat in the final quarter of 2023 having posted its first fall in years in Q3, according to the latest research by Marsh.
Revenue up 8% at Marsh in 2023
Marsh boosted annual revenue by 8% to $11.38bn (£8.94bn) in 2023, as profits at parent Marsh McLennan grew.
Nick Harris to leave Marsh
Nick Harris is no longer taking up the role as CEO of UK retail and will be leaving the broker.
People Moves: 15 – 19 January 2024
Keep up to date with the latest insurance personnel moves.
Analysis: Aon’s £10.6bn NFP takeover not enough for it to replace Marsh as largest global broker
Aon’s £10.6bn acquisition of NFP earlier this week will not be enough to help it supplant Marsh McLennan as the world’s largest broker, according to a report.
Cyber risk management education needed for SMEs, says Marsh
According to Kelly Butler, UK cyber leader at Marsh, cyber remains a top priority, and there is a disconnect between the insurance world and the cyber security world.
People Moves: 11 – 15 December 2023
Follow the latest insurance personnel moves.
First fall in years as UK commercial pricing slips 1% in Q3
Pricing in the UK commercial insurance market fell by 1% in the third quarter of 2023, ending years of market hardening, research by Marsh has revealed.