Marsh News

Marsh Appoints Powell as Claims Advocacy International Leader

Marsh has appointed Rob Powell as Claims Advocacy International leader, effective immediately. Based in London, Powell will report to Michael Poulos, global head of Marsh’s Client Advisory Services. Powell joined Marsh in 2014 as a managing director in the International …

Marsh Appoints Davies as Global CEO of Bowring Marsh

Marsh announced with immediate effect the appointment of Tom Davies as global CEO of Bowring Marsh, Marsh’s international wholesale placement broker. Davies previously led Bowring Marsh’s hub in the UK and Ireland. Based in London, Davies has global responsibility for …

Climate Change, Migration Top List of Global Risks: WEF Survey

Climate change and large-scale forced migration are the greatest risks facing the world according to a survey by the World Economic Forum, the organizer of next week’s meeting in Davos. The 2016 report, published Thursday, highlighted the most significant threats …

Marsh Taps Nashville-Based Benefield as Food & Beverage Practice Leader

Marsh Names Barton to Succeed Alway as Head of Jelf Group

Following completion of its acquisition of Jelf Group, first announced in September, Marsh has made a change in management. It has appointed Phil Barton to be CEO of Jelf in succession to Alex Alway, who is to become a non-executive …

State-Backed Terrorism Reinsurance Fund Likely to Aid Paris Firms in Recovery

Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by a state-backed fund set up in the wake of the Sept. 11 2001 attacks in New York. The carnage in …

Marsh Launches Excess Casualty Coverage for Product Liability Risks

Marsh has launched Marsh IO+, an enhanced excess casualty product designed for companies with significant product and other mass tort exposures. Organizations like retailers, food and beverage companies, construction firms, and manufacturers that produce and sell a high volume of …

Marsh Enhances D&O Difference in Conditions Coverage

Marsh has enhanced its Side A directors & officers (D&O) difference in conditions (DIC) cover Marsh Alpha in response to the new and emerging legal and regulatory risks facing directors and officers. The enhanced coverage now includes broad investigation cover, …

Marsh Says It’s ‘On Track’ After Q3 Results

Marsh & McLennan Cos. Inc. reported $3.12 billion in consolidated revenue for the third quarter, a decline of about one percent compared to the same quarter last year, along with an 8.7 percent jump in net income to $323 million. …

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …