Marsh News

Marsh Taps Cooke (Former NAPSLO President) as Vice Chair of Global Placement

Marsh has appointed Jeremy Cooke as vice chairman of Global Placement, effective immediately. Based in London, Cooke will report to Dean Klisura, global head of Industry Specialties and Placement. In his new role, Cooke will focus on critical growth areas …

How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report

When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with “the financial costs of a claim or loss entirely on its own,” according to a report published by Marsh. …

Urgent Action Needed to Tackle Systemic Threat of Cyber Risk: Marsh & TheCityUK

Firms across the financial and related professional services industry need to take urgent action on their cyber risks, which present a “real and present danger” to the financial system, according to a new report published by TheCityUK and Marsh. Only …

Marsh Names Durant as Leader of Global Captive Solutions Practice

Marsh announced that Nick Durant will assume leadership of Marsh’s Global Captive Solutions Practice, effective July 1, 2016. In this role, Durant will have oversight of Marsh’s captive solutions business, which manages more than 1,250 captives worldwide. Durant will be …

Marsh’s Torrent Technologies Launches Private Flood Coverage

Torrent Technologies, Inc., in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has launched a new, automated private market primary flood insurance product. Torrent Technologies is a Marsh company. Underwritten by the Lloyd’s of …

Marsh Canada Appoints Lay as President & CEO; Garner Named Chairman

Marsh has appointed Chris Lay as president and CEO of Marsh Canada, succeeding Alan Garner who takes on the role of chairman, effective July 1. Both Lay and Garner will report to Robert Bentley, president of Marsh US and Canada. …

Sturrock Named Sr. VP in Marsh’s Political Risk and Structured Credit Practice      

Marsh announced that Abbey Sturrock has joined the firm’s Political Risk and Structured Credit Practice as a senior vice president within the Public Agency Group. Based in London, Sturrock is responsible for delivering Marsh’s advisory and placement capabilities for the …

Fuhrman Joins Marsh in California as West Zone Leader

Marsh has named David Fuhrman to lead its West zone effective immediately. He will be based in Marsh’s Los Angeles, Calif. office, and will report to Rob Bentley, president of Marsh’s U.S. and Canada division. Marsh also announced that John Fuhrman …

Marsh & McLennan Agency Acquires Corporate Consulting Services in NYC

Marsh & McLennan Agency LLC, the middle market agency subsidiary of Marsh, announced Monday that it has acquired Corporate Consulting Services Ltd., a New York City-based insurance brokerage and human resource consulting firm. Terms of the transaction were not disclosed. …

Marsh Hires McDonough as Northeast Construction & Surety Practice Leader

Marsh announced that Rob McDonough is joining the broker to lead its Construction & Surety Practice in the Northeast. In this role, McDonough will be responsible for overseeing Marsh’s risk advisory and transactional services for construction and surety clients across …