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2015 Innovation Awards: Marsh L.L.C.

By: Judy Greenwald

Published March 01, 2015 - 6:00am CST


2015 Innovation Award winners recognized

Published March 01, 2015 - 6:00am CST

The 2015 Business Insurance Innovation Awards showcase the best new products and services launched over the past year for risk managers. This awards program, which started in 2010, recognizes innovation in the insurance and risk management sector, and the high caliber of the winning entries shows that commercial insurers, brokers and other service providers continue to break new ground with their ...

Marsh predicts flatter commercial P/C rates this year

By: Mark A. Hofmann

Published February 10, 2015 - 11:17am CST

Intense competition among commercial property/casualty insurers is expected to continue this year, according to a report by Marsh L.L.C.

Cyber risks complicate softening commercial casualty rates

By: Mark A. Hofmann

Published February 09, 2015 - 11:18am CST

U.S. commercial casualty insurance rates appear likely to follow those of commercial property by softening in 2015, according to a Marsh L.L.C. report.

Rates continue downward trend overseas

By: Sarah Veysey

Published February 09, 2015 - 10:19am CST

Insurance rates continue to fall for many lines of business in the Europe, Middle East and Africa region, because of abundant capacity, among other factors, according to a report published Monday by Marsh L.L.C.

Marsh & McLennan reports higher revenue, lower profit in fourth quarter

By: Matthew Lerner

Published February 06, 2015 - 12:23pm CST

Insurance and reinsurance revenue at Marsh & McLennan Cos. Inc. increased 4% in the fourth quarter of 2014 compared with the prior-year period, with international insurance business leading the growth, the broking and consulting firm reported Friday.

Marsh explains the new reality of risk in the commercial market

By: Mark A. Hofmann

Published January 28, 2015 - 1:25pm CST

The commercial property insurance market appears likely to continue softening in the first quarter of this year, according to the head of Marsh L.L.C.’s property practice.

The 2015 Innovation Awards winners
are …

Published January 23, 2015 - 3:14pm CST

Business Insurance on Friday announced 10 winners of the 2015 Innovation Awards, the publication's recognition program for products and services designed for use by professional risk managers.

International insurance groups promote microinsurance

By: Mark A. Hofmann

Published January 22, 2015 - 1:46pm CST

A group of prominent insurers, reinsurers and brokers on Thursday said it has established a consortium to promote microinsurance ventures in developing countries.

Marsh, Hiscox executives to join Swiss Re cyber team

By: Shelby Livingston

Published January 22, 2015 - 1:09pm CST

Swiss Re Corporate Solutions on Thursday said it has named former Marsh L.L.C. and Hiscox Ltd. executives to its cyber and technology team.

Data breach costs not assessed at most law firms: Survey

By: Judy Greenwald

Published January 16, 2015 - 10:25am CST

The vast majority of law firms view cyber security as one of the top 10 risks in their overall risk strategy but still have not assessed the potential cost of a data breach, says a survey.

Marsh promotes former FINPRO head to lead Pacific North Partnership

By: Shelby Livingston

Published January 14, 2015 - 4:15pm CST

Marsh L.L.C. has promoted Lou Ann Layton to lead its Pacific North Partnership, which includes Marsh’s Denver, Honolulu, Salt Lake City, San Francisco, San Jose, Seattle and Portland offices, Marsh said in a statement.

Marsh & McLennan Agency acquires The Benefit Planning Group

By: Shelby Livingston

Published January 08, 2015 - 3:40pm CST

Marsh & McLennan Agency L.L.C., a subsidiary of Marsh L.L.C., on Thursday said it has acquired Durham, North Carolina-based employee benefit consulting firm The Benefit Planning Group Inc.

Marsh acquires Belgium trade credit insurer

By: Sarah Veysey

Published January 07, 2015 - 9:32am CST

Marsh L.L.C. has acquired Aalst, Belgium-based trade credit insurer Trade Insure N.V., Marsh announced Wednesday.

JLT Specialty Insurance Services adds to energy risk team

By: Judy Greenwald

Published January 05, 2015 - 1:24pm CST

Former energy specialists at Aon P.L.C., Marsh L.L.C. and Lockton Cos. L.L.C. are joining JLT Specialty Insurance Services Inc.’s energy risk team in Houston, the Jardine Lloyd Thompson Group P.L.C. unit said Monday.

Falling oil prices, political unrest top 2015's international risks: Marsh

By: Bill Kenealy

Published December 17, 2014 - 2:40pm CST

Falling oil prices, political violence and separatist movements will influence the global risk landscape in 2015, broker Marsh L.L.C. said in a report released on Wednesday.

Involve risk managers early with international corporate acquisitions

By: Judy Greenwald

Published December 09, 2014 - 9:47am CST

SINGAPORE — Problems can arise when there is a delay in bringing risk managers into discussions about international acquisitions, said a speaker at the Pan-Asia Risk & Insurance Management Association's Asian Risk Management Conference.

Marsh unit sets up U.K. terrorism insurance facility

By: Sarah Veysey

Published November 25, 2014 - 9:59am CST

Bowring Marsh, the specialist international placement arm of Marsh L.L.C., on Tuesday launched a U.K. terrorism insurance facility.

Marsh places $3.5B in transactional risk market in first half of 2014

By: Judy Greenwald

Published November 19, 2014 - 2:31pm CST

A total of $3.5 billion in insured limits was placed in the transactional risk insurance market in the first half of 2014 by Marsh L.L.C., which was a 59% increase over the same period in 2013, the broker said Wednesday.

Marsh launches consumer class action settlement insurance

By: Shelby Livingston

Published November 18, 2014 - 3:10pm CST

Marsh L.L.C. has launched a consumer class action settlement insurance product that transfers the settling company’s ultimate payout in a class action lawsuit to the insurer.

Cyber, political risks top concerns among European energy industry execs

By: Sarah Veysey

Published November 18, 2014 - 10:20am CST

Political and cyber risks are among the major concerns of companies in the power industry in Europe, according to a study published Tuesday by Marsh L.L.C.

GALLERY: South Region 40 Under 40 Broker Awards

Published November 07, 2014 - 3:28pm CST

View photos from Business Insurance's 2014 40 Under 40 Broker Awards reception recognizing this year's South region honorees.

Marsh & McLennan Agency acquires California brokerage

By: Shelby Livingston

Published November 07, 2014 - 12:47pm CST

Marsh & McLennan Agency L.L.C., a division of Marsh L.L.C., has acquired Irvine, California-based middle-market property/casualty broker NuWest Insurance Services Inc.

Insurers, U.K. government working to improve cyber security

By: Sarah Veysey

Published November 05, 2014 - 10:02am CST

LONDON — The U.K. government and a group of leading insurers pledged Wednesday to work together to find ways to better improve cyber security and to develop cyber insurance products and services available for businesses.

Marsh & McLennan reports third-quarter growth across all sectors

By: Bill Kenealy

Published October 28, 2014 - 11:52am CST

Marsh & McLennan Cos. Inc. reported 2014 third-quarter revenue of $3.14 billion on Tuesday, a 7.1% increase over the same period last year.

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