MMC

Marsh JLT Specialty onboards senior aviation quartet

Marsh JLT Specialty has bolstered its aviation division with the appointment of Tony Ambrose and Martyn Holland as managing directors in London and Julie Meyer and Stephen Murray as vice president and senior vice president respectively, based in New York.

Hyperion hires JLT Re Colombia trio

Hyperion has continued its recent path of recruiting JLT staff with a trio of Colombia-focussed reinsurance brokers led by Miami-based Andres Posada, The Insurer can reveal.

Marsh builds out FINPRO team after Wood-led team exits

Marsh has made two senior hires within its UK FINPRO business in the wake of a number of high-profile exits from the division, including the Mark Wood-led team.

Hylant adds JLT’s Towle to captive business

Anne Marie Towle, formerly leader of JLT’s captive practice, has joined Hylant as senior vice president.

Deal or no deal?

Six months on from Aon’s brief public flirtation with Willis Towers Watson, the rumours in the investor community and broker fraternity have not gone away…

Priebe gets Guy Carpenter chairman role

David Priebe has been promoted from vice chairman to chairman of Guy Carpenter in a move the reinsurance broker said will further its growth strategy.

Marsh and Construction Risk Partners agree MBO

The management of Construction Risk Partners (CRP) has agreed a buy-out from Marsh’s recently acquired JLT Specialty USA business, in a move first revealed by The Insurer.

Lockton Re confirms former JLT Re partners Mills and Howard will join healthcare team

Lockton Re has confirmed the addition of Simon Mills and Fraser Howard to its global healthcare team, as the broker targets “ambitious global expansion” in the sector.

Hyperion confirms former JLT Re exec Flandro hire

Hyperion Group has confirmed the arrival of JLT Re’s ex-head of analysis David Flandro and the launch of a new analytics business that will sit alongside the group’s expanding London market (re)insurance broker, RKH.

Marsh makes appointments to energy and power leadership team in North America

Marsh has appointed fresh leadership to its US and Canada energy and power business with Amy Barnes promoted to lead the US and Canada region and Brad Vescarelli to lead Canada.

SSL Endeavour looks to JLT for CFO and non-exec chairman

Lloyd’s broker SSL Endeavour has hired two former JLT executives – London market veteran Jonathan Palmer-Brown and Hugh Crossland – to take on the roles of group non-executive chairman and group CFO respectively.

Lockton takes Marsh’s Beresheim to lead Financial Services unit

Longstanding Marsh director Devin Beresheim has left the MMC empire after almost 30 years to join rival broking house Lockton as executive vice president for Lockton Specialty Practices and head of the firm’s Financial Services unit.

Rubenstein resigns from Willis Re for Guy Carpenter

Philadelphia-based Willis Re executive vice president Scott Rubenstein has resigned from the broker and has been linked with a move to join Guy Carpenter, The Insurer can reveal.

McGill & Partners to buy specialty renewal rights from Marsh

McGill & Partners is set to accelerate its growth by agreeing with Marsh and JLT Specialty to acquire certain specialty business from Marsh in London.

NFP hires another JLT Specialty exec on West Coast

In NFP’s latest appointment from JLT Specialty USA, Steve Smith has joined the expansive broker as a senior vice president in its property casualty, West region.

TransRe appoints London and APAC CEOs

Transatlantic Reinsurance has promoted Louise Rose to the position of chief executive officer for TransRe London – succeeding Geoff Peach as he enters retirement – and Kyle Rhodes to the newly created position of CEO for TransRe Asia Pacific.

Former JLT exec Payne joins Cobbs Allen

Cobbs Allen has expanded its new specialty insurance brokerage business with the hire of David Payne, former chief revenue officer at JLT Specialty USA.

Q2 reveals extent MMC lagging peers in organic growth

Results and CEO commentary in the second quarter showed brokerages are enjoying a boom time for organic growth, but Marsh & McLennan Companies (MMC) is lagging behind amid uncertainty about how long JLT will prove a drag.

London North America head Higgins departs from JLT Re

The head of JLT Re London North America Mark Higgins has resigned from the firm following its integration into Guy Carpenter’s operations in the wake of the landmark MMC takeover earlier this year, The Insurer can reveal.

JLT deal slows new business growth for Guy Carp in Q2: Glaser

Guy Carpenter, which saw organic revenues decline by 3 percent in the second quarter of 2019, was hit by “considerably” slower new business generation following MMC’s landmark acquisition of JLT, MMC CEO Dan Glaser has said.

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