Marsh McLennan
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However, group organic growth among public brokers has slowed to pre-pandemic levels. -
The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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Plus, the latest people moves and all the top news of the week.
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The broker is looking to move as much of the book away from its adversary as possible.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Property rates declined by 7% globally in the second quarter.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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Claims were concentrated in the US, with a significant increase in D&O class actions.
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The technology will help analyse growing and emerging risks, especially climate change.
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Total revenues grew 12% due to the contribution from acquisitions.
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