Marsh McLennan

Catherine Read joins RLAM, where she served as COO for four years, and will take up her new role at the beginning of January.

The business was founded in 2011 and will join Marsh’s affinity and special risks practice.

The broker has announced several senior leadership changes since John Doyle was promoted to group president and COO.

Justine Mayhew’s appointment comes less than a week after former CEO Ryan Bond was promoted to Marsh’s head of climate and sustainability insurance innovation.

He will work closely with Amy Barnes to support clients through the climate transition.

The broker has been restrengthening its team after a period of talent flight in the run-up to the failed Aon merger.

The unit will be led by Don Wright and will operate as a combined unit from January 1.

Marsh McLennan has appointed Marsh CEO John Doyle as group president and COO, with Marsh US president Martin South succeeding him as CEO of Marsh.

Marsh marine cargo brokers Kevin Brown and Lee Lockyer have resigned to join Lockton’s expanding marine team, Insurance Insider can reveal.

Berkshire Hathaway reduced its shareholding in Marsh McLennan by 35% during the third quarter, as the Warren Buffet-led business continued to sell down across its portfolio, an analyst note from Morgan Stanley shows.

Based in London, Graham Bristow, Barrie Watson and Ian Leslie all held senior roles at Aon's credit solutions.

Flat rates are expected in upstream whilst insurer appetite is picking up in the downstream market.