Marsh News

Marsh Appoints Denny as UK Financial & Professional Practice Leader

Marsh announced the appointment of Paul Denny as UK Financial and Professional Practice (FINPRO) Leader. Denny reports to Paul Moody, CEO of Marsh’s UK Specialties Division. Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston …

Marsh Enhances Cyber Risk Products to Address Business Interruption Risks

Marsh has launched a suite of new and enhanced risk analytics and insurance coverages designed to address business interruption (BI) risks arising from cyber-attacks. Marsh’s new cyber BI suite includes proprietary insurance wording and risk assessment analytics, integrated into its …

Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from …

Marsh Names Lay as CEO, UK & Ireland; Robson as President & CEO, Marsh Canada

Marsh announced that Chris Lay will be named CEO of its UK & Ireland region, reporting to Flavio Piccolomini, president of Marsh International, and he will be appointed CEO of Marsh Ltd., all subject to regulatory approval. Marsh also announced …

Marsh Subsidiary Jelf to Acquire Scottish Insurance Broker Clark Thomson

Jelf, a consultant that specializes in insurance, risk management and employee benefits, announced it has reached an agreement to acquire Clark Thomson, Scotland’s largest independent insurance broker. The transaction is expected to close in the second quarter of 2018. Terms …

Marsh Taps Adamantiadis from Oman Insurance as CEO of Middle East & Africa

Marsh announced it has appointed Christos Adamantiadis as CEO of a newly combined Middle East and Africa region. The broker also has appointed Ayman El Hout as country leader for the United Arab Emirates (UAE). Based in Dubai, Adamantiadis will …

Marsh Joins Enterprise Ethereum Alliance to Support Open Source Blockchain Standards

Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. …

Commercial Insurance Prices Rise in Q4 2017, Reversing 4½ Years of Rate Cuts: Marsh

Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses, according to Marsh’s latest Market Index report. The …

Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft

Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh and Microsoft Corp. In the …

Marsh’s Combined Jelf and Bluefin Businesses in UK to Be Rebranded as ‘Jelf’

Marsh announced that its combined Jelf and Bluefin business in the UK will, from early 2018, begin rebranding as Jelf. With almost 3,000 colleagues serving over 250,000 clients from 80 locations, the new Jelf will be one of the UK’s …