Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re
May 31 2019 // A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three former executives who moved to competitor Lockton in March. The TRO blocks the three...
Guy Carpenter Announces Series of International Analytics, Advisory Appointments
May 13 2019 // Guy Carpenter & Co., the reinsurance broking subsidiary of Marsh & McLennan Cos., announced a series of London-based hires designed to further build out the firm’s strategic advisory and analytics...
Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re
May 9 2019 // Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced a series of international leadership appointments to facilitate the integration of...
Business Moves
May 6 2019 // National ProAg, AmTrust Agriculture Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory...
Marsh, Guy Carpenter and JLT to Merge Latin America Facultative Reinsurance Units
Apr 23 2019 // Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with...
Business Moves
Apr 15 2019 // National NSM, Embrace Pet Insurance Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. Embrace offers an accident and...
Marsh & McLennan Agency Acquires Lovitt & Touché in Arizona
Apr 2 2019 // Marsh & McLennan Agency LLC has acquired Phoenix, Ariz.-based Lovitt & Touché. Terms of the deal were not disclosed. Charlie Touché, Lovitt & Touché CEO since 1998, will lead MMA’s operations in...
Marsh & McLennan Completes $5.6 Billion Acquisition of Jardine Lloyd Thompson
Apr 1 2019 // Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a...
Marsh & McLennan Clears Final Regulatory Hurdle to Close on Buying JLT on April 1
Mar 25 2019 // Marsh & McLennan Cos. (MMC) announced on Friday, March 22 that the European Commission has approved its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc. All regulatory and competition authority approvals...
Lockton Expands Reinsurance Brokerage Globally; Hires 3 Guy Carpenter Executives
Mar 11 2019 // Global insurance broker Lockton has formed a global reinsurance business, Lockton Global Re, and hired several Guy Carpenter executives as part of its leadership team. In addition to Lockton CEO Ron Lockton, the leadership...
Marsh & McLennan Agency Acquires Maryland’s Employee Benefits Group
Mar 5 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and...
Marsh, Jardine Lloyd Thompson Agree to Sell JLT’s Aerospace Unit to Gallagher
Mar 4 2019 // Marsh & McLennan Cos. (MMC) and Jardine Lloyd Thompson (JLT) have entered into an agreement to sell JLT’s aerospace business to Arthur J. Gallagher. The agreement provides for the acquisition of all assets within...
January 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes; Results Partially Off-Set by Plentiful Capacity: Guy Carpenter
Feb 4 2019 // The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019, reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy,...
Big deals
Feb 4 2019 // Marsh/JLT, Brown & Brown/Hays Topped 2018 P/C Agency Mergers A handful of big deals dominated the very busy property/casualty insurance agency and broker merger news cycle for 2018. Based on Insurance Journal...
MMC Acquisition of JLT on Track to Close in Spring
Jan 31 2019 // Marsh & McLennan Cos.’ $5.6 billion acquisition of Jardine Lloyd Thompson Group is on track to close this spring. MMC CEO Dan Glaser, who described the deal as one of “strength on strength,” told...
Marsh & McLennan Agency to Acquire Bouchard Insurance of Florida
Jan 22 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has reached agreement to acquire Clearwater, Fla.-based Bouchard Insurance, a full-service agency in Florida. Terms of the transaction,...
Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments
Jan 17 2019 // Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter
Jan 14 2019 // The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy,...
Marsh Makes Post-JLT Merger Leadership Appointments
Dec 19 2018 // Global insurance broker Marsh announced the appointments of key leaders for its regional, specialty and placement teams worldwide that will be effective upon closing of the pending acquisition by Marsh’s parent...
Marsh & McLennan Agency Acquires Minnesota’s Otis-Magie Insurance Agency
Dec 11 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Otis-Magie Insurance Agency Inc., a privately owned independent agency headquartered in Duluth, Minnesota. Terms of the...
