Marsh News – Page 2
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UK entering 2024 ‘more positively’ with insurance rates – Marsh
’Underwriters in all areas continue to focus heavily on valuations in light of global inflation,’ says placement leader
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AI code of conduct for insurance industry launched
’It’s a code built on general principles as much as detail,’ says director
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Powell drops WTW role to remain at Marsh
‘I am delighted that Rob has decided to stay at Marsh,’ says president
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‘Relentless focus’ needed to mitigate uncertain global risk landscape in 2024 – Marsh
Chief commercial officer says navigating the situation will require ‘greater cooperation between the public and private sectors’
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Marsh and Beazley team up to offer contractors ESG performance-based PI cover
‘ESG concerns are a growing area of scrutiny for the global construction sector,’ says chief executive
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Marsh McLennan launches new facility offering insurance for Black Sea grain shipments
’The launch of this insurance facility will especially benefit the developing nations that buy much of Ukraine’s grain,’ says chief executive
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Marsh announces new appointment as it looks to advance placement strategy
’The London insurance market plays a pivotal role in Marsh’s global placement strategy,’ says new appointee
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Page to step up as Aon combines UK and EMEA operations
’Operating as one united region will simplify our organisational structure,’ says president
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Broker reveals financial uncertainty as top risk for UK firms
’No commercial entity in the UK is exempt from requiring a robust approach to risk management,’ says chief executive
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Ukraine launches Marsh McLennan-supported war risk data platform
’The data platform empowers the global insurance community to evaluate risks much more accurately,’ says chief executive
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Specialist insurance law firm launches cyber crime startup
’Cyber has become simultaneously one of the greatest opportunities and risks of modern times,’ says founder
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Marsh McLennan appoints two new c-suite executives
’Under their leadership, Marsh McLennan colleagues across the UK will be in an even stronger position to deliver greater client value,’ says chief executive
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Oliver Wyman snaps up Aon c-suite executive as it launches UK-based actuarial practice
‘The UK is one of the largest actuarial services markets globally with significant opportunity for us,’ says managing partner
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Marsh ‘exploring options’ after cover for Ukrainian shipments suspended
The cover was suspended following the expiration of the Black Sea Grain Initiative
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Marsh names new UK cyber leader
The new appointee ’will play a pivotal role in creating next-generation cyber solutions’, says chief executive
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Marsh McLennan to help Ukrainian government access global insurance market
’I am proud that our colleagues are standing together with the people of Ukraine to help them to recover as quickly as possible,’ says chief executive
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Rankings reveal largest global brokers in 2022
Total fees and commissions earned from insurance broking activity worldwide in 2022 were worth over £120bn
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Marine insurance sector’s role in Ukrainian grain shipments has ‘saved lives’
Vital shipments of grain to support the global food market have been backed by the insurance sector, but a treaty is now under threat
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Daimler Truck Financial Services inks new deal with Marsh
The agreement will support transport operators across the UK
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‘Subdued’ M&A market opens opportunities to transactional risk insurers
The transactional risk insurance market is expected to ‘grow’ in 2023 as firms grasp the oppurtunity to meet international demand