Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh October 11, 2024 Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses...
People Moves: AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding Gregory; Marsh McLennan Names De Bremme as CEO of Belgium & Luxembourg September 17, 2024 This edition of International People Moves details appointments at AXIS Capital Holdings and Marsh McLennan. A summary of these new...
Markets/Coverages: Baltimore Bridge Collapse Sparks Port Blockage Cover From Marsh August 21, 2024 Insurance broker Marsh announced the launch of what it said is a first of its kind $50 million port blockage...
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility August 20, 2024 Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port...
Harvard Contract Breach Claims Blaming Marsh for Its $15M Insurance Denial Filed Too Late, Judge Rules August 19, 2024 By Andrew G. Simpson After losing two bids to recover $15 million from its insurer for costs related to its failed legal defense of...
People Moves: Marsh Promotes McKay as UK Advisory Leader; BHSI Launches Surety in Spain, Led by Barbero; IQUW Promotes MacDonald to Head of Property July 25, 2024 This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW. A...
Global Q2 Commercial Insurance Rates Remain Flat, Ending 7 Years of Price Hikes: Marsh July 24, 2024 Global commercial insurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024),...
Report: Impact of BEC Attacks on US Companies Misunderstood July 15, 2024 A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it...
Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers May 8, 2024 Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges,...
Markets/Coverages: Marsh Expands Cyber Facility ECHO, Offering Up to $125M of Excess Insurance Capacity April 29, 2024 Marsh, the insurance brokerage business of Marsh McLennan, announced an additional $25 million layer of capacity to its existing $100...