Marsh News – Page 4
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NewsUK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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NewsEx-Pool Re boss joins Guy Carpenter
He will join the reinsurance broker in a newly created role
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NewsMarsh pulls all Russian business
The move comes alongside a condemnation of the ‘unprovoked attack’
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NewsUK cyber rates soar amid market challenges
The climb in rates is driven by an uptick in ransomware claims as well as insurers tightening cover rules
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NewsMarsh’s vice-chairman set to retire this March
The broker’s vice-chairman ‘played a key role in successfully integrating’ Marsh and JLT, said group president and chief operating officer
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NewsCyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader
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NewsClimate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks
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NewsMarsh appoints UK and Ireland boss for international placement business
The candidate ‘has an in-depth understanding of client needs around the world’
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NewsMarsh McLennan conducts executive committee reshuffle
The firm’s president and chief executive believes the appointments help create a ‘stronger and more dynamic company’ that will ‘help us achieve the next phase of our growth’
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NewsMarsh Commercial collaborates with specialist cycling insurer
Marsh’s ‘world expertise’ will help boost the insurer’s ‘growth journey’, says chief executive
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NewsFilm and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
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NewsGlobal commercial insurance prices up 15% in Q3 2021 - Marsh
Despite pricing levelling out in certain lines of business, the insurance industry needs to be ready as the ‘pressure on rates in cyber insurance’ continues, says broker president
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NewsGuy Carpenter establishes insurtech centre of excellence
The broker will also expand its relationship with financial technology analyst firm Celent
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NewsBrokers call out ‘conflict of interest’ in delayed government-backed £750m live events reinsurance scheme
Concerns over a ’conflict on interest’ has been raised by several brokers in the market
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NewsMarsh Commercial hires ex-Towergate boss as new chief executive
The candidate has previously worked at Aviva as its director of distribution, partnerships
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NewsInsurance and construction industry must join forces to combat evolving risks – Marsh
The UK’s infrastructure growth is expected to rival China by 2030
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NewsFilm production delay terms ‘more specialised’ than standard BI cover
Aggregation is becoming ’one of the key disputed issues’ over claims for film production delay
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NewsMarsh enters Amazon partnership to provide product liability insurance for online sellers
Amazon’s new digital insurance network aims to help the site’s sellers obtain quotes from reputable insurers
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Despite continued pressure on pricing, ’the general trend of moderating price increases’ will ’continue through the rest of the year’, says Marsh president
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NewsBusinesses are still not recovering resiliently from flooding – Marsh Risk Consulting
Considering how the industry can rise to meet flooding challenges, parametric solutions are ‘giving people hope’, says consulting director and head of climate and catastrophe resilience
