Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
N.Y.-based U.S. RE Hires Guy Carpenter Exec as Senior Vice President
Jan 11 2012 // Global reinsurance broker U.S. RE Corp. appointed reinsurance veteran James Nelson as senior vice president. Nelson is a reinsurance executive with more than 30 years of experience. He served more than 30 years at Guy...
Guy Carpenter Analyzes 2011 Catastrophes; $108 Billion in Losses
Dec 30 2011 // Reinsurance broker Guy Carpenter has examined the past year’s natural catastrophes, which it describes as “an unusually eventful year for the (re)insurance sector.” In addition to the ongoing financial...
Marsh & McLennan Agency Hires Executive VP for N.Y., Conn. Region
Dec 6 2011 // Marsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc. appointed John Sames as regional executive vice president of its New York City and Milford, Conn., offices. In this new role, Sames will be...
Business Moves
Dec 5 2011 // Marsh & McLennan Agency, Seitlin Marsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc., has acquired Seitlin Insurance, one of the largest insurance brokers in south Florida. Terms of the...
Business Moves
Dec 5 2011 // Arthur J. Gallagher & Co., Trissel Graham & Toole Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Trissel Graham & Toole Inc., headquartered in Davenport, Iowa. With roots dating back to 1896,...
Marsh & McLennan Agency Expands in Florida, Acquires Seitlin Insurance
Nov 17 2011 // Marsh & McLennan Agency, a New York-based subsidiary of insurance broker Marsh Inc., acquired Seitlin Insurance, one of the largest insurance brokers in South Florida. Terms of the transaction were not...
S&P Affirms Marsh Mac’s Ratings; Outlook Revised to Stable
Nov 14 2011 // Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. to stable from negative, and has affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term counterparty...
MMA (UK) Revamps Shops, Offices, Surgeries Products for Brokers
Nov 14 2011 // MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments...
Marsh & McLennan Agency Acquires Gallagher & Associates
Nov 3 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Minnesota-based Gallagher & Associates Inc., a $1 million property and casualty insurance agency specializing in public...
Marsh & McLennan Q3 Net Profit Fell, But Revenues Continue to Rise
Nov 2 2011 // Marsh & McLennan Companies reported $130 million for third-quarter net profit, down 23 percent from $168 million reported during the same period last year. But profit from continuing operations was up 4 percent as the...
Plastics Industry Also at Risk for Metal Theft in UK: MMA Insurance
Oct 19 2011 // The plastics industry is now a target for the growing market of metal theft, according to one UK insurer. MMA Insurance is warning that the plastics sector is now at risk as thieves are now targeting the brass tooling and...
Business Moves
Sep 19 2011 // LevelFirst LevelFirst is a new diversified wholesale broker and managing general agency based in Dallas, Texas, that serves retail agents in the Southwest and across the country. President and CEO of LevelFirst, Robin...
Terrorism 10 Years After
Sep 5 2011 // Ten years after the events of Sept. 11, 2011, terrorism remains a significant risk both globally and within the United States. The need to be vigilant against those who would harm innocent people in the name of whatever...
MMA Insurance UK Expands Commercial Auto Coverage
Aug 22 2011 // The UK’s auto (motor) insurance market is extremely competitive, and over the past few years usually unprofitable. As a result a number of insurers are reducing capacity and/or contracting their distribution for...
Marsh & McLennan Agency Acquires Prescott Pailet Benefits in Dallas
Jul 11 2011 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Prescott Pailet Benefits LP (PPB), a $6 million employee benefits broker based in Dallas, Texas. Terms of the transaction...
People
Jun 6 2011 // Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and chief operating officer. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian...
Florida Reinsurance Renewals Reflect Unsettled Market: Guy Carpenter
Jun 2 2011 // The Florida reinsurance renewals on June 1, 2011, experienced a wide range of outcomes, as substantial catastrophe losses combined with two major catastrophe model revisions over the past 16 months led to a volatile...
People
May 16 2011 // Rich Poirier, a 20-year insurance industry veteran, was named vice president of claims at Church Mutual Insurance Co. Poirier previously served in senior staff roles at Liberty Mutual Agency Markets Corp. and Wausau...
People
May 16 2011 // Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and CEO. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian Duperreault,...
MMA UK Names Bradshaw as Commercial Development Manager
May 10 2011 // MMA Insurance, the wholly owned UK subsidiary of French multi-national insurer, MMA IARD Assurances Mutuelles, has appointed Derek Bradshaw as Development Manager, to drive commercial growth through its broker partners. He...
