Marsh News

Social Polarization, Inequality Raise Potential for Risk, Disruption: WEF

Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S. President-elect Donald Trump, the World Economic Forum (WEF) said. …

Marsh Completes Acquisition of Bluefin Insurance from AXA

Marsh, the wholly owned subsidiary of Marsh & McLennan Cos., said it has completed the previously announced acquisition of Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc, from AXA Group. Founded in 2008, Bluefin has approximately 1,500 colleagues …

Marsh, Endurance Launch Habitational Casualty Program

Marsh has launched a new and proprietary casualty insurance program designed offering accessible coverage for multifamily property owners and managers experiencing challenging habitational insurance market conditions. Marsh’s PRIME Habitational Casualty Insurance Program was developed in collaboration with Endurance Global Risk …

Marsh Names 25 Apprentices in UK to Promote Youth Opportunities

Marsh announces the appointment of 25 apprentices to its 2016 UK Apprentice Program, which offers young people employment and training opportunities across the firm’s UK office network. This year’s apprentices join Marsh in Bristol, Edinburgh, Manchester, Newcastle and Norwich. Marsh’s …

What Executives Need to Know About Managing D&O Liabilities: Allianz Report

Company directors and senior managers across the globe are increasingly likely to face costly regulatory investigations, criminal prosecutions or civil litigation, which not only put their company’s assets, and their own assets, at risk, but also may threaten their personal …

Marsh to Acquire UK-Based Bluefin Insurance from AXA for $369.4M

Marsh announced it has reached agreement with AXA Group to acquire Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc. The transaction, which is subject to regulatory approval, is expected to close in the first quarter of 2017. AXA …

Marsh Appoints King as Chief Client Officer, UK & Ireland

Marsh has appointed Ailsa King as chief client officer, UK & Ireland. Reporting to Mark Weil, CEO, Marsh UK & Ireland, King will join Marsh’s UK & Ireland Executive Committee, and, subject to regulatory approval, will become a director of …

Drab Joins Marsh in Chicago as CEO of Dovetail Insurance

Insurance broker and risk advisor Marsh has hired Rich Drab as CEO of Dovetail Insurance, which provides insurance technology services tailored to the U.S. small commercial market. Drab is based in Chicago and will report to Kevin Tobin, president of Marsh’s Insurance …

Marsh Hires Maryland-Based Hewett to Construction Practice

Global insurance broker Marsh has hired David Hewett as a U.S. contract surety leader in its construction practice. In this newly created role, Hewett will work closely with Marsh’s surety practice to deliver solutions to construction clients across the U.S. …

Garcia Tapped to Lead Marsh’s Houston Office

Tony Garcia has joined insurance broker and risk management provider, Marsh, as head of its Houston office. Garcia joins Marsh from Lockton where he most recently served as an executive vice president and member of its Houston Executive Operations Group. …