Marsh adds new capacity to Fast Track facility

Marsh has added new capacity to its Fast Track facility to help clients achieve more optimal placement outcomes.

Fast Track, launched in April 2023, is led by QBE and supported by Lloyd’s syndicates Canopius, Arch and Beazley.

The facility operates on a “follow form” structure, ensuring that all placements adhere to the terms and conditions of the lead underwriter, including claims decisions.

To expand Fast Track, from 1 March 2025, Marsh said clients will be able to access up to 10% automatic capacity for property, casualty and specialty risks.

John Donnelly, global head of placement at Marsh, said: “The addition of the new capacity is a significant milestone in Fast Track’s evolution.

“The addition of the new capacity means our clients can achieve more optimal placement outcomes and more confidently navigate today’s evolving insurance landscape.”

Fast Track

According to Marsh, Fast Track has facilitated over 15,000 policies worldwide since its inception, with bound premium expected to exceed $1bn (£793.2 m) in 2025.

Fast Track does not require placement in London, allowing clients direct access through any Marsh office globally.

Donnelly said: “Since its launch, Fast Track has quickly established itself as a market-leading global facility which is built to sustain dynamic market conditions and deliver exceptional value to our clients around the world.”