Marsh will be under pressure from other London market brokers following the decision of Zurich Specialties London to cease underwriting US domiciled liability business.
A market source said Marsh was the broker for "almost half" of Zurich Specialties' US casualty book, which is understood to be £100m in size.
The source said: "Other brokers will be looking to pick up the business from Marsh on renewal."
Zurich Specialties is understood to have ceased underwriting the US business in order to provide capital to boost its ratings.
A spokeswoman for Zurich Specialties London confirmed the company had ceased to write general liability for US domiciled customers. Marsh was unavailable for comment.
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.
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.
