Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Marsh Canada Appoints Lay as President & CEO; Garner Named Chairman
May 11 2016 // 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...
Marsh Reports Q1 Growth of 2%; Guy Carpenter 3%
Apr 28 2016 // Global insurance, risk and consulting firm Marsh & McLennan Companies Inc. reported growth across all of its companies in for the first quarter ended March 31, 2016. Consolidated revenue in the first quarter of 2016...
Carpenter Promotes Stubbings as CEO of Bermuda Unit; Keegan Named Sr. VP
Apr 25 2016 // Guy Carpenter & Co. has promoted Peter Stubbings as CEO of the firm’s Bermuda operations, with immediate effect. In addition, Richard Keegan will join the Bermuda team as senior vice president in May. Previously...
Marsh & McLennan Agency Acquires Corporate Consulting Services in NYC
Apr 4 2016 // 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...
Business Moves
Apr 4 2016 // AmWINS Group, Group Benefit Services AmWINS Group Inc. has acquired Group Benefit Services Inc. and GBS Payroll Plus Inc., known collectively as Group Benefit Services, in Hunt Valley, Md. Terms of the transaction were not...
Carpenter Launches New Version of Client Portfolio, Risk Management Platform
Mar 28 2016 // Guy Carpenter & Co. announced the launch of GC AdvantagePoint® 2.0, the latest release of its client portfolio and risk management platform. With GC AdvantagePoint 2.0, clients are able to easily leverage the...
New York Set to Legalize Professional Mixed Martial Arts
Mar 25 2016 // New York’s Assembly voted 113-25 on March 22 to legalize mixed martial arts, clearing the way for fights late this year and expanding the combat sport into the last state to still prohibit it. New York Gov. Andrew...
2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter
Mar 25 2016 // One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and...
Business Moves
Mar 21 2016 // Risk Strategies, Lester Brokerage Risk Strategies Co., a privately held, national insurance brokerage and risk management firm based in Boston, has acquired Lester Brokerage, an independent agency in Englewood Cliffs, N.J....
Financial Services Industry Fails to Support Women in Career Progression: Mercer
Mar 9 2016 // The finance industry offers women a lot of work, especially at the entry level. But each rung up the career ladder, they are increasingly winnowed from the business by lagging recruiting, retention and promotion from...
Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida
Mar 3 2016 // Ray Celedinas Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Celedinas Insurance Group, one of Florida’s largest independent agencies. Terms of the transaction were...
Marsh & McLennan Acquires Missouri-Based Aviation Solutions
Mar 1 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced it has acquired Aviation Solutions LLC, an aviation risk advisor and insurance broker based in Lee’s Summit, Mo. Terms of...
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit
Jan 20 2016 // Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. Miller-van der Schild will be responsible for further developing Guy Carpenter’s...
Guy Carpenter Launches EMEA Advisory Council to Support Its Regional Growth
Jan 13 2016 // Guy Carpenter & Co. has established an EMEA Advisory Council to support its growth plans in the region. The council is specifically designed to provide advice and to inform the EMEA regional leadership’s strategy...
Capital Stabilizes, Prices Keep Softening During Jan. 1 Renewals: Guy Carpenter
Jan 6 2016 // Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global...
Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA
Jan 5 2016 // Guy Carpenter & Co. has appointed of Matthias Meyenhofer as managing director to lead the firm’s Global Partners client segment for EMEA. He will be responsible for improving and expanding the range of services...
Ex-Contractor Wins $20M in Bribery Suit against Louisiana DOTD
Dec 7 2015 // A former contractor has won a $20 million suit he filed against the Louisiana Department of Transportation and Development (DOTD) over a 2007 incident he says cost him his business because he refused to pay a bribe to a...
Business Moves
Dec 7 2015 // Endurance, W. Brown Associates Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W....
