News analysis: Will Marsh’s new model pay off?
Marsh Commercial’s plan to close branches and open centralised ‘Centres of Excellence’ could create opportunities for brokers.
Marsh Commercial’s decision to centralise and shut down branches can lead to opportunities for smaller local brokers, according to experts in the market.
In November, the business, which will officially be rebranded from Jelf in Q1 2020, confirmed it was to close down 14 offices (see box) before the end of the year.
Subsequently, it was revealed the business is developing ‘Centres of Excellence’ to look after small business.
It is believed that the closures will lead to redundancies in the
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