Marsh McLennan
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Glaser’s decade in post included the JLT takeover and a doubling of revenues.
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The broker also hired Will Fremlin-Key as global head of mining and metals, and appointed Ahmed Abdel-Gawad as head of natural resources for the CEEMEA region.
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Inflation will define priorities such as a focus on safeguarding clauses and pricing transparency, as well as line of business challenges, for underwriters and actuaries in the year ahead.
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The broker is the latest in a stream of exits from Marsh’s construction team over the past 18 months.
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The hydrogen industry is a key pillar of the energy transition, but securing insurance coverage is challenging.
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The reinsurance broker also sued five former GC Access leaders who now work at Howden as managing directors.
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The move represents a return to WTW, where the broker spent the beginning of his career.
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Business placed in the region had shown the sharpest increases, but is also recording the fastest deceleration.
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The loss at the OMV Schwechat refinery adds to a string of BI claims landing on the energy sub-sector in recent months.
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The move follows the establishment of safe corridors through a treaty signed by Russia and Ukraine.
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The broker said the conditions were the most attractive since hardening began in 2018.
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Gallagher is continuing its hiring splurge within its construction practice, as Marsh’s Stuart Freeman looks set to become the latest addition to the team, Insurance Insider can reveal.
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