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Cyber risk uncertainty causes client, underwriter tension

By: Donna Mahoney

Published October 02, 2015 - 6:00am CST

At an average cost of $4.8 million, each major breach turns up the pressure on companies to be adequately covered.

Business Insurance names 2015 Women to Watch

Published September 23, 2015 - 5:09pm CST

Business Insurance on Wednesday announced the honorees for its 2015 Women to Watch recognition program.

Business interruption cover protects life sciences companies

By: Joyce Famakinwa

Published September 23, 2015 - 11:15am CST

Marsh L.L.C. said Wednesday that it has joined with Munich Reinsurance Co. to launch NDBI Pharma IQ, a nondamage business interruption insurance solution for life sciences companies.

Marsh & McLennan promotes its own man as CFO

By: Mark A. Hofmann

Published September 17, 2015 - 3:06pm CST

Mark McGivney will succeed J. Michael Bischoff, who is retiring Dec. 31 after three years in the role.

Marsh to expand in U.K. with significant acquisition

By: Donna Mahoney

Published September 11, 2015 - 11:20am CST

Come March, Marsh will be 69,000 clients and accounts larger thanks to its $397 million deal for Jelf Group.

Marsh unit launches excess flood policy

By: Joyce Famakinwa

Published September 10, 2015 - 12:54pm CST

Torrent Technologies Inc., a Marsh company, on Thursday said it has launched an excess flood insurance policy in cooperation with Torrent's Write-Your-Own insurers participating in the National Flood Insurance Program.

Marsh in discussions over possible U.K. broker buy

By: Sarah Veysey

Published August 19, 2015 - 9:28am CST

Marsh L.L.C. is in preliminary discussions about a possible purchase of Bristol, England-based insurance brokerage and employee benefits consultancy Jelf Group P.L.C.

Aon exec moves to Marsh as U.S. construction leader

By: Joyce Famakinwa

Published August 17, 2015 - 12:43pm CST

Former Aon P.L.C. executive David Marino has been appointed U.S. construction leader at Marsh L.L.C.

Global insurance rates continue their decline

By: Donna Mahoney

Published August 13, 2015 - 2:53pm CST

Global insurance rates across most major lines of business continued to decline during the second quarter of 2015, according to Marsh L.L.C.'s latest Global Insurance Market Quarterly Briefing, released Thursday.

Marsh & McLennan results down for the quarter

By: Mark A. Hofmann

Published July 28, 2015 - 10:34am CST

Marsh & McLennan Cos. Inc.'s second-quarter 2015 revenue dropped 2.1% from the same period a year earlier to $3.23 billion, the company announced Tuesday morning.

The week in pictures

Published July 24, 2015 - 11:24am CST

The urge to merge, more breaches and California wine country wildfires filled the week at Business Insurance. View the gallery

Top insurance brokers: Marsh & McLennan Cos. Inc.

By: Matthew Lerner

Published July 19, 2015 - 6:00am CST

Marsh & McLennan Cos. Inc. remained atop the Business Insurance 2015 ranking of the world's largest insurance brokers, growing its brokerage revenue 5.7% in 2014 to nearly $13 billion.

Merger-related insurance coverages grow

By: Judy Greenwald

Published July 15, 2015 - 1:18pm CST

The number of representation and warranty insurance policies issued more than doubled to 700 in 2014 as policyholders sought more protection for exposures related to mergers and acquisitions.

Protection & indemnity unit to marshal all Marsh & McLennan forces

By: Joyce Famakinwa

Published July 08, 2015 - 3:25pm CST

Marsh & McLennan Cos. Inc. said Tuesday it launched the Protection & Indemnity Client Service unit to help P&I associations and insurers address their challenges.

Marsh & McLennan Agency acquires Canadian brokers

By: Donna Mahoney

Published July 07, 2015 - 1:23pm CST

Marsh & McLennan Agency L.L.C., a White Plains, New York-based subsidiary of Marsh L.L.C., on Tuesday said it acquired Vézina, a Montreal-based insurance brokerage.

Marsh & McLennan Agency acquires St. Louis broker

By: Donna Mahoney

Published July 01, 2015 - 2:39pm CST

Marsh & McLennan Agency L.L.C., a White Plains, New York-based subsidiary of Marsh L.L.C., on Wednesday said it has acquired St. Louis-based independent insurance broker J.W. Terrill Inc.

Mercer shuffles North American, multinational leadership

By: Joyce Famakinwa

Published July 01, 2015 - 1:00pm CST

Mercer L.L.C., the consulting unit of Marsh & McLennan Cos. Inc. has appointed Simon O'Regan president of Mercer's North America region.

Terrorism insurance backstop renewal helped keep rates down

By: Mark A. Hofmann

Published June 24, 2015 - 12:59pm CST

The reauthorization of the federal terrorism insurance backstop early this year helped create favorable terrorism insurance pricing for most policyholders, according to a report released Wednesday by Marsh L.L.C.

Marsh diagnostic tool analyzes costs of risks

By: Judy Greenwald

Published June 03, 2015 - 4:56pm CST

Marsh L.L.C. has introduced a diagnostic tool designed to analyze casualty program costs and trends, the broker said Wednesday.

Drone insurers take coverage cues from traditional aviation

By: Judy Greenwald

Published June 03, 2015 - 2:04pm CST

The insurance industry is responding to demand for drone insurance “at its own pace,” often taking its cues from traditional aviation coverage, and capacity remains plentiful, Marsh L.L.C. says in a report.

Marsh makes big mid-market push with Texas purchase

By: Bill Kenealy

Published June 01, 2015 - 5:53pm CST

Marsh L.L.C. continued its expansion into mid-market business with the acquisition announced Monday of Top 50 brokerage MHBT Inc.

Highest-paid broker execs

Published May 29, 2015 - 10:17am CST

Who were the highest-paid executives at publicly traded brokers in 2014? Find out in our latest gallery.

Marsh & McLennan opens data analytics center in Ireland

By: Mark A. Hofmann

Published May 28, 2015 - 12:30pm CST

Marsh & McLennan Cos. Inc. has opened the Marsh & McLennan Innovation Center in Dublin, the company announced Thursday.

Marsh president expands risk and insurance services responsibilities

By: Mark A. Hofmann

Published May 08, 2015 - 4:01pm CST

Marsh & McLennan Cos. Inc. announced that Marsh L.L.C. President and CEO Peter Zaffino has been appointed chairman of Marsh & McLennan's Risk & Insurance Services segment, which includes Marsh and Guy Carpenter & Co. L.L.C.

Marsh acquires benefits brokerage for Japanese firms in U.S.

By: Shelby Livingston

Published May 07, 2015 - 3:17pm CST

Marsh L.L.C. has acquired Sumitomo Life Insurance Agency America Inc., the employee benefits brokerage of Osaka, Japan-based Sumitomo Life Insurance Co., Marsh said Thursday.

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