Marsh
Lim moves from Allied World to ArgoGlobal Asia
David Lim has been appointed head of marine at ArgoGlobal Asia.
London market diversity under the microscope as consolidation continues unabated
The London market is in danger of becoming too consolidated as a result of the current M&A wave, commentators have warned, with market diversity dependent on small start-up businesses emerging in the coming years.
Market Moves - 17 September 2015
All the latest recruitment news from the world of insurance.
Too early to predict redundancies or rebrand following Jelf deal says Weil
Marsh UK and Ireland CEO Mark Weil says it is too early to know what staff changes or rebranding will take place following the global broker's acquisition of Jelf, announced yesterday (10 September).
Marsh and Jelf confirm £258m acquisition
Marsh and Jelf have agreed on the terms of a cash acquisition that will see Marsh acquire the entire issued and to-be-issued share capital of Jelf.
Marsh marine manager in Asia to join Allied World
Post understands Tim Cooke, Marsh's Asian cargo practice leader, is leaving the global broker to join insurer Allied World.
SME ambitions behind Marsh interest in Jelf but integration remains an issue
Marsh’s potential acquisition of Jelf would allow the global broker to realise its SME ambitions and extend its regional presence, according to industry insiders who have warned the possible integration process must be handled carefully.
PIB tipped to make rival Jelf bid as GRP refutes interest
Brendan McManus’s PIB has been tipped as a potential alternative bidder for Jelf amid doubts other businesses have the financial firepower to outbid broking giant Marsh.
Marsh eyes Jelf acquisition as takeover talks confirmed
Jelf has confirmed it is in takeover discussions with Marsh in relation to the global broker acquiring the entire issued and to-be-issued ordinary share capital of Jelf.
C-Suite - Broker: Individuals under scrutiny
New senior managers accountability regimes take effect soon, what will this mean for those at the top?
Marsh completes SME Insurance Services purchase
Marsh has completed its previously agreed acquisition of Leeds-based commercial broker SME Insurance Services.
Marsh sees EMEA revenue dip in first half of 2015
Marsh & McLennan Companies, parent company of broking firm Marsh, has posted a slight decrease in revenue for the first six months of 2015.
D&O: 3 in 4 SMEs uncovered
It was once said that Stephen Hawking's 1988 book, ‘A Brief History of Time', was one of the most widely owned but least read works in print - something people wanted to show off on their bookshelf but could not face the effort required to digest the…
Allum joins Ace as Singapore casualty manager
Jack Allum will join Ace as casualty manager for Singapore on 29 June.
Directors could be held personally liable for cyber attacks
Company directors and officers could be personally exposed to lawsuits, shareholder actions and regulatory activity if they are found to have breached their duty in the wake of a cyber-attack, according to Marsh.
Former QBE underwriter Bathia to join new Capita-backed syndicate
Capita Managing Agency and Panamanian insurer Istmo Re have received "in principle" approval from the Lloyd's Franchise Board to establish a new Lloyd's syndicate under Capita management.
Dual hires Paradine for non-exec role as MGA eyes Asia-Pacific acquisitions
Industry veteran Terry Paradine, a former chairman and CEO of Marsh Asia-Pacific, has become non-executive chairman at Dual Asia-Pacific.
Drone industry growth spurred by insurer support
The support of the insurance industry in providing insurance cover for drone technology has allowed for the rapid development of the unmanned aerial systems industry, according to a Marsh report.
Marsh aims to quickly 'accelerate' SMEI growth following purchase
Marsh's latest acquisition is part of an "accelerate and grow strategy" and the broker will look to quickly scale up the SME Insurance Services business.
Marsh bolsters SME capability with purchase of Leeds broker
Marsh has reached a definitive agreement to acquire Leeds-based independent broker SME Insurance Services.
Market Moves
Who moved where in insurance this week.
Penny Black's Insurance Week - 14 May
They claim children say the funniest things, and Penny saw an example of this at the recent Association of British Insurers' seminar on cyber security.
Insurance rates decrease for eighth consecutive quarter, states Marsh report
Global insurance rates decreased during the first quarter of 2015, according to the results of Marsh's latest market quarterly briefing.
Insurers ‘not yet at the table' to provide cyber solutions to customers
Marsh's UK and Ireland CEO Mark Weil has told the insurance industry that it has more to do to prove to customers that it can provide solutions to the growing cyber threat that is hanging over clients' businesses.