Marsh News

Marsh Offers Consumer Class-Action Settlement Insurance

To assist companies seeking to settle consumer class-action lawsuits gain greater certainty over their potential payouts, insurance broker Marsh has launched a specialty insurance product that transfers a company’s known settlement exposure to the insurance market. Created by Class Action …

Marsh Names Cormier, Poulos to Executive Posts

Insurance broker Marsh announced two executive appointments. Michael Cormier, who most recently led Marsh Risk Consulting, has been named to the position of head of Portfolio Development. In this role, Cormier will oversee acquisitions, strategic alliances and partnerships in line …

Marsh Previews Risk Management-Analytics Software

STARS, a business unit of Marsh that provides risk, safety, and claims management software, analytics and services, previewed STARS | ONE, an alpha version of its next-generation risk management platform to 350 global customers and partners at its recent annual …

Some Insurers Exclude Ebola; Others Offer New Products

As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions. As a result, new policies and …

Marsh Appoints Leimkuhler to Be Next CFO, Succeeding Malvasio

Global insurance broker Marsh has appointed Courtney Leimkuhler to the role of chief financial officer, effective March 1, 2015.

Ryan to Head Research for Marsh’s Workers’ Compensation Center

Tom Ryan has been named market research leader at Marsh’s Workers’ Compensation Center of Excellence. Ryan been with  Marsh Risk Consulting for the past 20 years. Most recently, he was the Northeast leader of MRC’s casualty claims consulting practice. He …

Marsh Launches Catastrophic Cyber Policy For Large Companies

Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to better manage the growing threat of a …

Batson Joins Marsh to Head Nashville Office

Insurance broker Marsh has appointed Todd Batson as its new head of office in Nashville. Batson brings 15-years of experience working in the Tennessee insurance market to his new role, most recently serving as area vice president for Arthur J. …

Marsh Buying Stake in Alexander Forbes of South Africa

Marsh & McLennan Cos. will buy a 34 percent stake in Alexander Forbes Ltd. as Africa’s largest independent pension-fund manager prepares to sell shares on the Johannesburg Stock Exchange next month. Mercer Africa Ltd., a subsidiary of New York-based Marsh …

Swartz Tapped to Head Marsh Office in Tulsa, Oklahoma

Global insurance broker and risk management specialist, Marsh, appointed Tom Swartz as head of its Tulsa, Okla., office. Swartz is responsible for delivering Marsh’s advisory and transactional services to clients throughout Oklahoma. He succeeds John Newell, who will remain with …