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The broker also alleges a coordinated effort undermine client confidence.
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Although overall compensation has gone up, analysis shows divergence versus value creation.
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She joins the brokerage after 18 years at Canada’s Intact.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
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The January wildfires did little to hamper their appetite, apart from California.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Elevated cat losses in H1 weren’t enough to stop a further softening of the market.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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It is the second deliverable of the FIT Transition Plan Project.
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He was most recently Marsh’s US manufacturing and automotive practice head.
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The executive brings more than 25 years of insurance experience.
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