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Tom Hester joined the broker in 2018 as SVP.
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Philip Dalton succeeds partner Colin Hasler, who has retired after a 42-year career.
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Plus, the latest people moves and all the top news of the week.
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The family-owned group is embarking on a major international expansion.
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The transaction is expected to close later this year.
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However, group organic growth among public brokers has slowed to pre-pandemic levels.
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More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
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Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
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Emerging lawsuits and expanding loss triggers are giving rise to potential claims under a range of policies.
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The broker said that there could be a flattening of rate decreases in the hull market in 2026.
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A limited number of broking staff are also leaving the business, including downstream head Dan Nicholls.
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The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.