Daily Insurance Industry News
 
 
Daily Insurance Industry News
Thursday 22nd of February 2018
December 13, 2012

Marsh launches Mumbai energy hub

by Gill Montia

Story link: Marsh launches Mumbai energy hub

Marsh has launched a global energy hub in Mumbai, India, to serve the risk and insurance needs of the growing oil and gas sector in the region. The broker now has 12 energy hubs worldwide, which act as local centres of expertise and allow clients to access the firm’s full global energy sector capabilities. Notably, […]



December 10, 2012

Marsh achieves Chartered Insurance Broker status

by Gill Montia

Story link: Marsh achieves Chartered Insurance Broker status

Marsh’s UK operations, which comprise 26 offices across the country, have been granted “Chartered Insurance Broker” status from the Chartered Insurance Institute (CII). The award follows a rigorous assessment of the firm’s policies, training procedures and working practices. Marsh has also been required to demonstrate a sustained commitment to developing and raising the standards of […]



November 30, 2012

Marsh makes international leadership appointments

by Gill Montia

Story link: Marsh makes international leadership appointments

Marsh has combined its Asia and Pacific regions and appointed a dedicated leader for a new Continental Europe, Commonwealth of Independent States (CIS) and Turkey region. Martin South will become chief executive officer of Marsh Asia-Pacific, following his successful track record in previous roles with the group including chief executive officer of Marsh Europe and […]



November 19, 2012

Marsh appoints Global Surety Practice leader

by Richard Kilner

Story link: Marsh appoints Global Surety Practice leader

Marsh has announced the appointment of David Moylan to lead the newly-established Global Surety Practice. Moylan is a veteran at the firm, which he has served for more than a quarter of a century, most recently as chairman of the International Division. In his new post he will remain based in Washington, DC and report […]



October 29, 2012

Marsh appoints Cyber Risk Practice leader

by Richard Kilner

Story link: Marsh appoints Cyber Risk Practice leader

Marsh has announced the appointment of Stephen Wares as the firm’s new Cyber Risk Practice leader within the Europe, Middle East and Africa (EMEA) Risk Practices group. Wares is tasked with the development of the firm’s cyber risk and insurance proposition and will collaborate closely with experts from across Marsh to provide cyber risk solutions […]



October 25, 2012

Marsh voted best UK insurer for graduates

by Richard Kilner

Story link: Marsh voted best UK insurer for graduates

Graduates have voted Marsh the best UK insurer to work for in The Top Accounting and Insurance Companies For Graduates To Work For report, created by graduate job review site TheJobCrowd. More than 300 companies and thousands of graduates throughout the country were surveyed, with particular attention paid to certain areas such as work/life balance, […]



September 25, 2012

Marsh volunteers aid lowland restoration

by Richard Kilner

Story link: Marsh volunteers aid lowland restoration

Thirty-two members of Marsh’s Financial and Professional Practice in Norwich have assisted the National Trust’s heathland restoration project at Felbrigg Hall in Norfolk. Two teams spent a day each in August and September at Felbrigg Hall, cutting and clearing scrub to help restore lowland habitat. Senior Vice President in Marsh’s Financial and Professional Practice in […]



September 14, 2012

New CEO of Bowring Marsh named

by Richard Kilner

Story link: New CEO of Bowring Marsh named

Marsh has announced the appointment of Andrew Chester as the new chief executive officer of Bowring Marsh, the firm’s specialist international placement broking division. Chester will retain his present role as chairman of the Global Mining Practice and continue to be based in London when he assumes his new position on 1 October. He succeeds […]



September 11, 2012

Marsh appoints energy practice leader

by Gill Montia

Story link: Marsh appoints energy practice leader

Marsh has appointed Richard Higgins as a leader within its energy practice. In his newly created role, Mr Higgins will be responsible for delivering the firm’s upstream and midstream energy solutions to clients globally. Based in London, he will report to Andrew George, chairman of Marsh’s energy practice. Mr Higgins arrives with over 35 years […]



September 7, 2012

Marsh Ltd’s new CEO starts work

by Richard Kilner

Story link: Marsh Ltd’s new CEO starts work

Marsh Ltd’s new chief executive officer, Mark Weil, has taken up his position with the firm. Weil joins Marsh from its sister company Oliver Wyman, where he led EMEA Financial Services. As leader of Marsh’s UK & Ireland operations he will be directly responsible to his predecessor Martin South, who has been promoted to become […]



September 6, 2012

Marsh relocates Glasgow operations

by Richard Kilner

Story link: Marsh relocates Glasgow operations

Marsh has announced that it is moving its operations in Glasgow to HFD Group’s landmark G1 office building on George Square. The relocation sees Marsh sharing the office with its sister firm Mercer, the global human resource consulting, outsourcing and investments business. The two firms are subsidiaries of Marsh & McLennan Companies (MMC), and their […]



August 29, 2012

Marsh Sweden appoints CEO

by Gill Montia

Story link: Marsh Sweden appoints CEO

Marsh has announced the appointment of Kenneth Miger as chief executive officer of Marsh AB in Sweden. Mr Miger is joining from Securitas AB, the global security services group headquartered in Sweden, where he is currently group risk and insurance director. Prior to this he held senior risk management positions at both Electrolux and Scania. […]



July 3, 2012

Marsh appoints Global Energy chairman

by Richard Kilner

Story link: Marsh appoints Global Energy chairman

Marsh has announced the appointment of Andrew George as the new chairman of its Global Energy Practice. George, who is to be based in London, succeeds Jim Pierce, who now leads Marsh’s Global Industry Practices group. George was formerly the head of the firm’s Energy Practice for Europe, the Middle East and Africa (EMEA), and […]



June 12, 2012

Marsh appoints Liverpool insurance leader

by Richard Kilner

Story link: Marsh appoints Liverpool insurance leader

Marsh has announced that it has bolstered its presence in North West England with the appointment of senior Marsh executive Phil Angus as the leader of a newly established insurance broking operation in Liverpool. Marsh is based in the same office as its sister company Mercer (both firms being subsidiaries of Marsh & McLennan Companies), […]



June 6, 2012

R K Harrison acquires Marsh UK businesses

by Gill Montia

Story link: R K Harrison acquires Marsh UK businesses

Privately-owned brokerage, R K Harrison, has completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), part of Marsh UK. The units comprise all of GHC’s specie and cargo practices and most of its North America property & casualty and accident, health & contingency practices. All will be integrated into existing R K Harrison […]



New Marsh Ltd CEO named

by Richard Kilner

Story link: New Marsh Ltd CEO named

Marsh Ltd has announced the appointment of Mark Weil as the firm’s new chief executive officer. Weil, whose appointment is subject to regulatory approval, succeeds Martin South, who has been appointed chief executive officer of Marsh Europe. In his new role Weil will supervise the firm’s operations in the UK & Ireland, and previously worked […]



May 15, 2012

Cat bond issuance achieves new record

by Gill Montia

Story link: Cat bond issuance achieves new record

The first quarter of 2012 was the most active first quarter on record for the global catastrophe bond market, according to GC Securities, part of the Marsh & McLennan group. During the period, $1.34 billion of risk capital was issued through eight transactions, exceeding last year’s record of $1.02 billion for Q1. GC Securities also […]



April 12, 2012

Global property rates continue to firm

by Gill Montia

Story link: Global property rates continue to firm

Global property insurance rates continued to firm in the first quarter of 2012, according to Marsh. Despite the absence of major natural catastrophes during the first three months of the year, rates rose for both catastrophe-exposed and non-catastrophe exposed risks in most geographies. The leading driver of change is the catastrophe losses experienced by insurers […]



April 1, 2012

Marsh receives infrastructure award

by Gill Montia

Story link: Marsh receives infrastructure award

Marsh has been named “Global Infrastructure Insurance House of the Year” at the Infrastructure Investor 2012 awards. A global community of over 8,000 infrastructure professionals cast their votes to determine the industry leaders in the global private infrastructure investment market, during 2011. Marsh has received the accolade for the third consecutive year and Edwin Charnaud, […]



March 26, 2012

New role for Guy Carpenter CEO

by Gill Montia

Story link: New role for Guy Carpenter CEO

Marsh & McLennan Companies has announced that Alexander Moczarski, president and chief executive officer of Guy Capenter, has assumed the additional role of chairman, Marsh & McLennan Companies International. Prior to joining Guy Carpenter in 2011, Mr Moczarski served as president and chief executive officer of Marsh’s international division, in a role that covered all […]