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Marsh & McLennan CEO Daniel Glaser tapped to lead Federal Advisory Committee on Insurance

By: Mark A. Hofmann

Published August 17, 2014 - 6:00am CST

WASHINGTON — The Federal Advisory Committee on Insurance has been one of the lowest-profile panels in Washington, but that could change in the coming months.

Business Insurance announces 40 Under 40 broker honorees for 2014

Published August 06, 2014 - 3:07pm CST

Business Insurance on Wednesday announced the honorees for its second annual 40 Under 40 Broker Awards.

Marsh & McLennan's Glaser to chair Federal Advisory Committee on Insurance

By: Mark A. Hofmann

Published August 04, 2014 - 11:17am CST

Marsh & McLennan Cos. Inc. President and CEO Daniel Glaser has been named chairman of the Federal Advisory Committee on Insurance.

Marsh & McLennan revenue increases 6.8% in second quarter

By: Mark A. Hofmann

Published July 29, 2014 - 9:38am CST

Marsh & McLennan Cos. Inc. reported 2014 second-quarter revenue of $3.36 billion on Tuesday, a 6.8% increase over the same period last year.

Top insurance brokers: Marsh & McLennan Cos. Inc.

By: Mark A. Hofmann

Published July 20, 2014 - 6:00am CST

Marsh & McLennan Cos. Inc. enjoyed solid growth in 2013 and into 2014 despite the challenges of the economy as a whole.

Insurers struggle to get grip on burgeoning cyber risk market

Published July 14, 2014 - 9:07am CST

(Reuters) — Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.

Dean Klisura to lead Marsh’s global placement efforts

By: Matthew Lerner

Published July 02, 2014 - 3:07pm CST

Marsh L.L.C. has named Dean Klisura head of the firm’s newly created global placement organization, the company said in a statement Wednesday.

Mark Walls returns to Safety National as communications, strategy VP

By: Stephanie Goldberg

Published June 23, 2014 - 12:52pm CST

Mark Walls has returned to Safety National Casualty Corp., as vice president of communications and strategic analysis, the St. Louis-based insurance provider announced Monday.

Ann Longmore to join Marsh's FINPRO as multinational leader

By: Bill Kenealy

Published June 23, 2014 - 11:26am CST

Marsh Inc. said on Monday that directors' and officers' insurance expert Ann Longmore will join Marsh's FINPRO Practice in New York as its new multinational practice leader effective July 7.

Marsh cyber coverage includes fires, explosions, machinery breakdowns

By: Sarah Veysey

Published June 23, 2014 - 9:11am CST

Marsh L.L.P. has launched a cyber insurance product for the energy industry underwritten by insurers and reinsurers in London and Europe.

Marsh program gives directors and officers preapproved access to attorneys

By: Judy Greenwald

Published June 19, 2014 - 3:06pm CST

Marsh L.L.C. has launched a directors and officers program that gives clients faced with securities litigation access to defense counsel on a preapproved basis, the New York-based brokerage said Thursday.

Marsh to acquire majority stake in Panama broker Semusa

By: Kate Shepherd

Published June 18, 2014 - 5:00pm CST

Marsh L.L.C. has agreed to acquire a majority stake in Seguros Morrice y Urrutia S.A., an insurance broker based in Panama City.

Marsh names Chris Lay president of global captive solutions

By: Kate Shepherd

Published June 17, 2014 - 1:30pm CST

Marsh L.L.C. has appointed Chris Lay as president of its global captive solutions business, effective July 1, the insurance brokerage said Tuesday.

Risk managers should seize opportunities to raise their profiles: Airmic panel

By: Sarah Veysey

Published June 17, 2014 - 1:02pm CST

BIRMINGHAM, England — Current market conditions give risk managers a real opportunity to increase both their relevance to their organizations' boards and their influence within their organizations, insurer and broker CEOs said Tuesday at Airmic Ltd.'s annual conference.

UP CLOSE: Jenni Lee Crocker

Published June 08, 2014 - 6:00am CST

HEAD OF RICHMOND, VIRGINIA, OFFICE

Umbrella, excess liability rates soften on competition: Marsh

By: Judy Greenwald

Published May 20, 2014 - 2:24pm CST

Strong competition among insurers contributed to a general softening of U.S. umbrella and excess liability rates during this year's first quarter, despite ongoing concern among underwriters about large losses in auto, product liability and other areas, said Marsh L.L.C. in a report Tuesday.

Marsh's Julie Page to chair BIBA's new brokers' advisory board

By: Sarah Veysey

Published April 29, 2014 - 10:03am CST

The British Insurance Brokers' Association has appointed Julie Page as chairman of its newly created international and wholesale brokers' advisory board, it announced Tuesday.

Quick congressional action urged on TRIA backstop renewal: Marsh

By: Mark A. Hofmann

Published April 22, 2014 - 2:21pm CST

WASHINGTON — The potential economic consequences of failure to extend the federal terrorism insurance backstop program should be “an impetus for quick congressional action,” according to report released Tuesday by Marsh L.L.C.

Marsh & McLennan hires Eddie Dunn as director of veteran recruitment

By: Kate Shepherd

Published April 21, 2014 - 2:40pm CST

Marsh & McLennan Cos. Inc. has named Eddie Dunn as director of military and veteran affairs, responsible for managing veteran recruitment strategy, the broker said Monday.

Retailers' cyber risk controls scrutinized as attacks increase: Marsh

By: Judy Greenwald

Published April 08, 2014 - 1:53pm CST

Regulators, shareholders and other stakeholders are paying more attention to retailers’ cyber risk control measures as the frequency and severity of attacks and losses mount, says Marsh L.L.C. in a new report.

Reduced pricing for energy insurance foreseen: Marsh

By: Sarah Veysey

Published April 02, 2014 - 9:19am CST

Energy insurance buyers likely can expect rate reductions for their coverage at the midyear June and July renewals, according to a report by Marsh L.L.C.

Higher prices and economic growth drive 2013 broker profit

By: Matthew Lerner

Published March 30, 2014 - 6:00am CST

Improved margins, higher prices, general economic improvement and organic growth helped the largest insurance brokers turn in strong 2013 results.

GALLERY: 2014 Business Insurance Innovation Awards

Published March 19, 2014 - 10:05am CST

See photos from Business Insurance's 2014 Innovation Awards, presented during Business Insurance’s Risk Management Summit in New York, March 12-13.

Q&A: Manuel López, Marsh L.L.C.

By: Bill Kenealy

Published March 16, 2014 - 6:00am CST

In October 2013, Marsh L.L.C. appointed banking industry veteran Manuel López to lead its newly established global surety bank syndication desk. Based in Düsseldorf, Germany, Mr. López has held senior roles at Deutsche Bank A.G. and WestLB A.G. and notes that surety bonds are becoming increasingly useful to financial institutions as regulatory changes prompt banks to allocate more capital in...

2014 Innovation Awards: Marsh Wage and Hour Preferred Solution

By: Matthew Lerner

Published March 16, 2014 - 6:00am CST

MARSH WAGE AND HOUR PREFERRED SOLUTION

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