Marsh McLennan
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Stransky will lead development of cyber risk insights and analytical models globally across the MMC businesses. -
Lockton’s reinsurance broking arm is seeking to establish itself as a credible challenger to the Big 3.
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Sources have suggested that the brokers control substantial revenue, with estimates ranging widely from $50mn-$100mn.
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Marsh has seen 100 captive formations as hard market fuels growth.
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A global survey finds vast disparities in measures for cyber, regulation and climate risks.
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With the planned disposal of a further $240mn of Ebitda, the parties are showing their commitment to closing the overall deal.
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The Covax scheme provides $150mn to compensate individuals in lower income countries affected by rare but serious complications from Covid-19 vaccines.
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The broker’s report further strengthens the case for 2021 becoming the best expansion year for the industry in many years.
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Marsh books 9% US organic growth while Guy Carpenter continues to expand at pace.
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Market heavyweights gave their views on subjects including loss costs, M&A, InsurTech and pricing.
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Marsh & McLennan Companies (MMC) has changed its name to Marsh McLennan.
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