Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
Many Non-U.S. Firms May Be Uninsured for Recent Ransomware Attack May 15, 2017 By Carolyn Cohn and Suzanne Barlyn Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions...
Insurance Partners of Texas Acquired by Marsh & McLennan Agency May 8, 2017 Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Insurance Partners of Texas, an...
Demand Rises for Political Risk Cover as Buyers Think the Unthinkable April 25, 2017 By Brenna Hughes Neghaiwi and Carolyn Cohn Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat...
Aon, JLT, Marsh, UIB, Willis Investigated by UK Regulator over Aviation Broking April 21, 2017 By Carolyn Cohn and Esha Vaish Britain’s financial watchdog is investigating five insurance brokers over information-sharing on aviation insurance, the companies said, in one of the...
Industry’s International Diversity & Inclusion Festival to Be Held Sept. 26-28 April 12, 2017 The insurance industry’s third annual diversity and inclusion festival, called Dive In, will be held Sept. 26-28 at events across...
Marsh & McLennan Agency Acquires Minnesota’s RJF Financial Services April 6, 2017 Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired RJF Financial Services, a retirement...
Marsh Launches New Excess Medical Professional Liability Policy Form February 27, 2017 Marsh has unveiled a new excess medical professional liability (MPL) policy form that combines industry favorable MPL terms and conditions...
Global Insurance Rate Decreases in Q4 Slowed for 4th Consecutive Quarter: Marsh February 17, 2017 Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous quarter’s...
Marsh Announces Executive Lineup for Combined Jelf & Bluefin Business February 16, 2017 Following the completion of its acquisition of Bluefin earlier this year, Marsh announced that it had appointed a new management...