Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
La. Insurers Ordered to Still Communicate With MMA Policyholders
Aug 7 2023 // A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, Insurance Commissioner James Donelon in late July issued a directive...
Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter
Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...
Guy Carpenter Completes Acquisition of Re Solutions in Israel
Jul 3 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction...
People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific
Jun 22 2023 // This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter. A summary of these new hires follows here. BMS Re Names O’Brien as VP in Bermuda BMS Re, the specialty...
People Moves: Guy Carpenter Expands Cyber Team
Jun 14 2023 // Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan from Kivu Consulting, where he was general counsel and risk officer. Previously, he was a...
People Moves: Guy Carpenter Expands Cyber Team With Key Appointments; Aspen Appoints AXA XL’s Welch as Chief Underwriting Officer, Reinsurance
Jun 13 2023 // This edition of International People Moves details appointments at Guy Carpenter and Aspen Insurance Holdings. A summary of these new hires follows here. Guy Carpenter Expands Cyber Team With Key Appointments to Global...
Guy Carpenter Names Rousseau CEO of EMEA and Global Capital Solutions
Jun 7 2023 // Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Rousseau will be located in London and will...
Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions
May 30 2023 // Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later...
New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
May 26 2023 // A New Orleans television station broadcast an audio recording of a founding partner of the McClenny Moseley & Associates law firm admitting that his law firm used a roofing company and a marketing firm to sign on...
People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe
May 22 2023 // Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as head of Singapore, effective June 1. Aspen is headquartered in...
People Moves: BHSI Promotes 2 Regional Leaders for Europe, Middle East; Lockton Re Taps Guy Carpenter’s Hunter as a Senior Broker
May 2 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of these new hires follows here. BHSI Promotes 2 Regional Leaders for Europe,...
January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle
Jan 27 2023 // The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60% with loss-affected clients facing even higher prices, according to John Doyle, president...
People Moves: WTW Adds Rolfe in West; Guy Carpenter Makes GC Access Appointments
Oct 25 2022 // WTW, a global advisory, broking and solutions company based in New York, New York, has appointed Terry Rolfe as director of client relationship management within the company’s aerospace business. With more than 30...
Property Cat Market to Harden More; Possible ‘Significant Supply Imbalance’: MMC’s Doyle
Oct 21 2022 // While the total impact of Hurricane Ian won’t be realized for some time, the effect on an “already stressed property market will be significant,” said John Q. Doyle, group president and COO of Marsh...
Oliver Wyman Agrees to Buy A&D Consulting Firm Avascent
Oct 18 2022 // Oliver Wyman announced it entered into an agreement to acquire Avascent, an aerospace and defense management consulting firm focused on the corporate and private equity sectors. The terms of the transaction were not...
Marsh & McLennan Acquires Illinois’ CS Insurance Strategies
Jul 5 2022 // Marsh & McLennan Agency LLC acquired CS Insurance Strategies, full-service insurance broker based in Chicago. CS Insurance Strategies was founded in 2009 by Charles Smith, creating a minority-owned brokerage providing...
People Moves: MMC Names Jones, Hageman to Senior Posts; Lockton Welcomes Marsh’s Millett for Innovation; Applied Financial Builds Cyber Risk Team
Jun 24 2022 // Marsh McLennan Creates New Senior Leadership Positions Marsh McLennan announced the appointment of John Jones as chief marketing and communications officer and Pat Hagemann as chief of staff to the chief operating...
People Moves: Guy Carpenter Names N. America GC Access Exec Team; Marsh Promotes Perry for Political Risk & Structured Credit; WTW’s Hodgkinson to Join BMS Asia
May 23 2022 // This edition of International People Moves details appointments at three brokers: Guy Carpenter, Marsh and BMS. A summary of these new hires follows here. Guy Carpenter Announces GC Access Leadership in North...
Judge Nixes Former Employees’ Suit Against Marsh & McLennan Over 2021 Data Breach
Jan 19 2022 // A federal judge in New York has dismissed a potential class action against Marsh & McLennan by two former employees who sued after the firm suffered a data breach in 2021. The plaintiffs, Florida residents Nancy Bohnak...
Marsh McLennan’s Mercer Sells Association Business to Affinity Agency
Jan 18 2022 // Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, has agreed to acquire the associations business of Mercer, a business of Marsh McLennan. Mercer’s...
