Marsh McLennan News

Marsh McLennan Acquires Texas-Based Southwest Truck Insurance Agency

Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Southwest Truck Insurance Agency, Inc., an independent agency in Irving, Texas. Terms of the acquisition were not disclosed. Founded in 1986, Southwest Truck Insurance specializes in business insurance solutions for …

Marsh McLennan Launches Cyber Risk Analytics Center

Marsh McLennan announced the launch of its Cyber Risk Analytics Center, a resource that brings together the cyber risk data, analytics and mitigation expertise of its four businesses and other business, government and academic partners. The cross-enterprise center’s participants— Marsh, …

While Aon and Willis Were Focused on Merger, Marsh Attracted Producer Talent

While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure away some of their producer talent – capitalizing on the “distraction and uncertainty” that existed for both brokers. Aon’s proposed …

Marsh McLennan Black MBA Fellowship Fuses Social Justice, Business Lessons

Insurance broker and professional services firm Marsh McLennan has launched a global MBA fellowship program in partnership with the National Black MBA Association and Fisk University. The program, called RISE (racial inclusion and social equity), will provide second-year Black MBA …

People Moves: Lockton Transactional Team; Marsh Counsel; Kemper Chairman; BMS Re CFO; AgriSompo North America

Lockton is bolstering its transaction liability team with key hires across the three transaction liability insurance product lines: Representations and Warranties Insurance, Tax Liability Insurance and Contingent Liability and Litigation Insurance. These hires come on the heels of Lockton’s addition …

Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services

LONDON – Environmental scientist Laura Garcia Velez cut her teeth on projects to help Ethiopian farmers insure crops for drought and connect remote Colombian communities to the electricity grid before working for conservation campaigners WWF. Now she’s an analyst for …

Credit Suisse’s Greensill Insurance Mystery Involves Tokio Marine, Marsh

Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio Marine, the company …

Marsh & McLennan Drops &

In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the ampersand to become Marsh McLennan. The company says the change is meant to emphasize that Marsh McLennan is a …

Marsh & McLennan Hires Diversity Officer With Experience at Starbucks, NBA

Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. Shaw most recently served as Starbucks Coffee Co.’s global chief Inclusion & Diversity …

Cyber Security Top Concern for Businesses in ‘Age of Risk:’ Marsh & McLennan’s Glaser

Cyber security has emerged as the most pressing exposure for business confronting a new “age of risk,” topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, the head of insurance broker and consulting firm Marsh …