Marsh
With offices in more than 130 countries employing over 45,000 people, Marsh aims to provide industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology, and analytics to help reduce its clients’ total cost of risk.
UK commercial pricing flat in Q4 – Marsh
UK commercial insurance pricing was flat in the final quarter of 2023 having posted its first fall in years in Q3, according to the latest research by Marsh.
Revenue up 8% at Marsh in 2023
Marsh boosted annual revenue by 8% to $11.38bn (£8.94bn) in 2023, as profits at parent Marsh McLennan grew.
Nick Harris to leave Marsh
Nick Harris is no longer taking up the role as CEO of UK retail and will be leaving the broker.
People Moves: 15 – 19 January 2024
Keep up to date with the latest insurance personnel moves.
Analysis: Aon’s £10.6bn NFP takeover not enough for it to replace Marsh as largest global broker
Aon’s £10.6bn acquisition of NFP earlier this week will not be enough to help it supplant Marsh McLennan as the world’s largest broker, according to a report.
Cyber risk management education needed for SMEs, says Marsh
According to Kelly Butler, UK cyber leader at Marsh, cyber remains a top priority, and there is a disconnect between the insurance world and the cyber security world.
People Moves: 11 – 15 December 2023
Follow the latest insurance personnel moves.
First fall in years as UK commercial pricing slips 1% in Q3
Pricing in the UK commercial insurance market fell by 1% in the third quarter of 2023, ending years of market hardening, research by Marsh has revealed.
People Moves: 23 - 27 October 2023
Stay in the loop with the latest insurance personnel moves.
Financial uncertainty ranked as the biggest concern for UK businesses, according to Marsh
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
Market Moves: October 2023
All the latest key personnel moves across the insurance market.
Theo Duchen, Lea Cheesbrough, Partners& and Marsh win big at UK Broker Awards 2023
Hailed as “a true technology entrepreneur”, Theo Duchen, co-founder of Acturis, pictured, won the Achievement Awards at the 2023 UK Broker Awards last night at the VOX, NEC, Birmingham.
Top 100 UK Brokers 2023: Directory – £750m plus
Gallagher – Marsh
Market Moves: September 2023
All the latest key personnel moves across the insurance market.
Marsh names Nick Harris as CEO of UK retail
Marsh McLennan has appointed Nick Harris as CEO of UK retail at Marsh, taking up the role on 1 January 2024.
Aon expands with ex-Aviva and Ardonagh leader Graeme MacMillan
Aon has named Graeme MacMillan as chief broking officer for Commercial Risk Solutions in the UK, starting in the newly created role on 1 November.
UK commercial hardening drops to 1%
Insurance pricing in the UK commercial market rose by only 1% in the second quarter of 2023, according to Marsh, its lowest rate since Q4 2018.
WTW takes Lucy Clarke from Marsh as risk and broking president
WTW has swooped for Marsh’s Lucy Clarke as its new president of risk and broking.
People Moves: 26 – 30 June 2023
Stay in the loop with the latest insurance personnel moves.
Lockton takes Clarissa Franks from Marsh as head of UK P&C retail
Lockton has swooped for Clarissa Franks as head of UK P&C retail. Franks is joining from Marsh and will take up the post in November.
Aviva leader Blanc and Marsh McLennan UK boss Lay detail top risks facing UK firms
Aviva CEO Amanda Blanc and Marsh McLennan UK CEO Chris Lay have detailed the top risks facing UK firms.
Biba awards Francis Perkins and Young Broker trophies
Former non-executive director of AFL Insurance Brokers, Alec Finch, was awarded the Francis Perkins Award, and Capsule Insurance Services’ Liam Green took home the Young Broker of the Year prize.
Succession planning: providing support to smooth the exit transition
Selling a broker can be an emotional experience, especially if the founder has run the business for a long time. Rachel Gordon looks at the options available for those with little M&A knowledge seeking an exit.
UK commercial insurance price rises ease again in Q1 – Marsh
Commercial insurance pricing in the UK rose by 3% in the first quarter of the year, down slightly on the 4% uplift in the final quarter of 2022, according to research by Marsh.