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.
Covid-19: Are brokers taking pay cuts to get through the crisis?
After Aon stated that 70% of its staff are expected to take reductions in salary as the business tackles the economic impact of the coronavirus, other UK brokers reveal a mixed approach to the situation.
Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Blog: Open or closed - the branch dilemma facing brokers
As the first working week of self-isolation comes to a close for many, Insurance Age content director Jonathan Swift looks at the stance brokers are taking in terms shutting up shop or keeping their branches open.
Jelf sues DRP for alleged staff and client poaching
Court documents reveal Jelf believes its losses total over £1.2m.
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
Aon and WTW deal expected to result in savings
Business expects to pay around $1.4bn in integration costs.
News analysis: Networks come under pressure
With Marsh merging its three networks under one banner and consolidation continuing to reduce the pool of potential broker members, Martin Friel investigates what the future holds for networks.
Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Movo Insurance set to pass 30 members
Exclusive: The business transformed from a broker to a network and franchise model last year.
Marsh's network merger will give brokers more options, claims network boss
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
JLT costs reach $6.8bn at Marsh
Financial results also show that revenue grew 10.2% at Marsh in 2019.
The Insurance Age Podcast: 31 January 2020
Laurence Eastham and Ida Axling discuss the most popular news stories this week, including changes at Marsh Commercial and Hiscox moving 300 staff out of London.
The Blog Spot: To merge or not to merge?
Ida Axling predicts further changes on the networks scene after Marsh Commercial combines its three propositions.
Three become one as Marsh Commercial restructures networks business
Marsh ProBroker, Bluefin Network and Purple Partnership to become single networks proposition led by David Hopwood as Marsh Commercial seeks to align more closely with Marsh.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Les Brewin to exit Marsh-owned Purple
As Brewin is set to retire no replacement has been announced for the network which became part of Marsh following its 2015 Jelf acquisition.
Hyperion and JLT Specialty settle lawsuit
The settlement relates to a team move with 47 staff moving from JLT Specialty to Hyperion.
Alan Boswell takes on Marsh Commercial staff
Seven members of staff have joined the Laceby branch from the recently closed Grimsby office.
Brunel takes from Jelf/Marsh Commercial for Scotland lead
James Packer will look after Scottish business that Brunel had placed with its southern offices.
Blog: Optimising business relationships in 2020
Anthony Gruppo, CEO at Marsh Commercial, discusses the changes that brokers can make to their businesses in 2020.
2019 in review: the year's top stories
This year's top stories featured MS Amlin, Tokio Marine Kiln, Marsh Commercial, Ardonagh, Gallagher and Amanda Blanc.
People Moves Round-up: 16-20 December
Keep up to date with the latest market moves.
2019 in review: December’s top stories
This month brought about the return of Amanda Blanc to insurance as she accepted roles at Aviva, ERS, and Trov.