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.
The Blog Spot: RIP Jelf, hello Marsh Commercial - what's in a broking brand?
As Marsh rebrands Jelf, Insurance Age content director Jonathan Swift reflects on the passing of another name heavily associated with noughties broker consolidation
Jelf rebrand an opportunity for regional brokers, say experts
Brokers say Marsh's "inevitable" move could lead to staff exits and a shift away from local service as Jelf rebrands to Marsh Commercial.
Guy Carpenter boss fired over sexually suggestive email - reports
As well as this employment change two of the VP’s colleagues have faced severe internal penalties.
Marsh to retire Jelf name amid commercial rebrand
The broker warned that some local offices would be merged following its deals with Clark Thomson, Bluefin and JLT as it rebrands to Marsh Commercial.
People Moves Round-up: 2 – 6 September 2019
Keep track of the past week’s market moves.
Fujitsu sets sights on disrupting insurance
CTO Manan Sagar outlines the company's vision for the future of the sector.
Marsh spent $98m integrating JLT last quarter
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Revealed: UK Broker Awards shortlist
Find out who is in the running to win a trophy at The Brewery on 13 September.
Incoming Jelf CEO will have to "work hard to gain trust"
Anthony Gruppo is moving across from Marsh in the US and takes on the position in May following Phil Barton's "inevitable" but sudden departure.
Podcast: The top five stories of the week
Siân Barton and Ida Axling discuss the most popular news pieces from the past five days.
News analysis: What next at Aon?
Following the news that Aon had pulled out of takeover talks with Willis Towers Watson, speculation is rising about what the broking giant could do instead
Marsh owner completes JLT buy
Deal was approved by the European Commission last week.
Broking Break - Your Top 5
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.
Phil Barton exits Jelf
Barton leaves with immediate effect and will be replaced by Anthony Gruppo.
Marsh-owner gains approval to buy Jardine Lloyd Thompson
Purchase has been approved by the European Commission.
Marsh-parent raises $250m of fresh debt
The move, the second debt raise this week, is to fund its acquisition of JLT.
Podcast: The top five stories of the week
Ida Axling and Siân Barton address the top news pieces over the past five days.
Marsh reveals plan to raise €1.1bn
The money will be used to fund its JLT acquisition, related fees and expenses, and to repay JLT debts.
Aon confirms deal talks with Willis Towers Watson
The businesses emphasised that the talks were in a preliminary stage.
Gallagher buys JLT’s aerospace operations in £190m deal
The global deal affects the UK with 100 London Market employees joining Gallagher.
Revenues up at JLT in 2018
But broker reveals pre-tax profit fall due to transaction costs related to $5.6bn takeover by Marsh & McLennan Companies.
News analysis: Pivotal point for personal lines
Could a torrent of news about redundancies, buys, partnerships and losses indicate big changes to come?
Profits rebound for Marsh owner in 2018
Global giant’s revenue rises 6.6%.