Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Guy Carpenter Partners with RPC Consulting to Offer Re/Insurance Analytic Platform
Aug 22 2018 // Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., announced a multi-year, global strategic partnership with Reynolds Porter Chamberlain Consulting...
Guy Carpenter Licenses the CoreLogic U.S. Inland Flood Model
Aug 20 2018 // This post is part of a series sponsored by CoreLogic. 2017 was a game-changing year for the insurance industry. Between the catastrophic deluge of water dumped in Texas from Hurricane Harvey and the unprecedented...
Business Moves
Aug 6 2018 // BNC Insurance Agency, Murray, Schoen & Homer BNC Insurance Agency Inc., an independently owned retail brokerage firm with headquarters in Rye Brook, N.Y., has acquired Murray, Schoen & Homer Inc., also located in...
FEMA Grows Its Flood Reinsurance Plan with $500 Million Cat Bond
Aug 1 2018 // The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets investors. FEMA has entered...
Marsh & McLennan Reports Q2 Revenues Up
Jul 26 2018 // Marsh & McLennan Companies reported consolidated revenue was $3.7 billion, an increase of 7 percent over the second quarter of 2017. Operating income was $691 million for the quarter. In the Risk & Insurance...
JLT Re Hires Guy Carpenter’s MacColl to Head Credit, Surety for North America
Jul 16 2018 // JLT Re (North America) has appointed Scott MacColl as head of Credit and Surety for North America. In addition to his role in North America, he will be working with global teams to help build out this specialized practice...
AXA Liabilities Managers Acquires Gothaer Re Run-Off Portfolio
Jul 9 2018 // Specialist run-off acquirer and manager AXA Liabilities Managers (AXA LM) has acquired the legacy assumed portfolio of Cologne-based Gothaer Finanzholding A.G., which is been in run-off since it ceased trading in 2004. The...
Marsh & McLennan Agency Acquires Minnesota’s Klein Agency
Jul 6 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Klein Agency Inc., a St. Paul, Minnesota-based surety and property/casualty agency specializing in the construction...
Marsh & McLennan Agency Acquires Maryland’s Insurance Associates
Jul 3 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Insurance Associates, a Rockville, Md.-based independent insurance agency specializing in the construction industry. Terms...
People
Jun 18 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO. In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky...
Goldman Sachs Insurance Head Kumar Joins Guy Carpenter’s GC Securities
Jun 4 2018 // Reinsurance intermediary Guy Carpenter & Co. said it has hired Shiv Kumar as president and global leader of GC Securities, Capital Markets. Kumar was previously global head of Insurance Structured Finance at Goldman,...
Mercer’s Sun to Succeed Zheng as CEO of AIG’s China Insurer
May 24 2018 // American International Group announced that Lisa Sun will join the company as chief executive officer of AIG Insurance Company China. Sun joins AIG from Mercer, where most recently she was CEO of Mercer’s Hong Kong...
Aon’s Carver Joins Guy Carpenter’s UK Non-Marine Team as Managing Director
May 23 2018 // Reinsurance broker Guy Carpenter & Co. announced the appointment of Richard Carver as managing director and senior broker in the firm’s UK non-marine division. Carver has 30 years of experience in the reinsurance...
Marsh & McLennan Names Gustfason to New Chief Public Affairs Post
May 8 2018 // Marsh & McLennan Companies announced that Erick R. Gustafson has been appointed as the company’s first chief public affairs officer. Gustafson has led the company’s Government Relations Department since...
Marsh & McLennan Agency’s Blue Named President of Illinois’ Alera Group
May 7 2018 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has appointed Jim Blue as president. Blue’s responsibilities will involve working...
Guy Carpenter Promotes Fletcher to Bermuda Chairman; Hires Aon’s Morris
May 1 2018 // Reinsurance specialist Guy Carpenter & Co. announced the promotion of John Fletcher to chairman of the firm’s Bermuda operations. The firm also appointed a former Aon Bermuda executive to its Bermuda team. In his...
Marsh & McLennan Agency Names Ivey CEO of Southeast Region
Mar 27 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO. In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky,...
Aon Benfield Taps Paire & Karhan from Carpenter for Capital Advisory, Terrorism Specialty Units
Mar 8 2018 // Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announces two new high profile appointments to lead its Capital Advisory and Terrorism Specialty divisions: Eric Paire and Emma Karhan,...
People
Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office. She will manage a book of existing marine clients and develop new cargo and...
Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered
Mar 1 2018 // Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business interruption (BI) caused by acts of terrorism “using remote digital interference.” The...
