Marsh chief executive takes charge of Marsh Brokers Limited

Marsh chief executive Martin South will head up HSBC Insurance Brokers, which on the deal’s completion today was rebranded Marsh Brokers Limited (MBL).

Former HSBC Insurance Brokers chief executive Philip Gregory’s contract with the company finally ends today, freeing him up to search for non-executive director roles.

When asked about potential job cuts within MBL's 1,273 staff, a Marsh spokesman said: “Where any redundancies are made due to duplicate roles or efficiencies, impact to colleagues will be notified as soon as possible.”

Marsh bought HSBC Insurance Brokers for £135m in December last year, and was last week given the green light by the UK regulators to merge.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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