Marsh McLennan
-
Process servers showed up at some employees’ homes on Thursday evening to deliver documents, according to sources.
-
The broker predicts a “period of turmoil” among energy companies and their insurers.
-
Stocks of major brokers surged, outpacing the broader market.
-
David Rahr will take on the role as Justin Walsleben retires after more than 27 years at the firm.
-
Assurance will become the Midwest regional headquarters for MMA, under Assurance CEO Tony Chimino.
-
Brian Hanuschak was previously president of the MGU’s North America business.
-
The combined entity would become the largest broker, with $20.1bn of revenues. -
The US aviation chief will replace Simon Harker on his retirement.
-
Jane Holl Lute will join the MMC board on 1 March in a non-executive capacity.
-
The deal is the broking giant’s second such transaction so far this year.
-
The specie team joined JLT from Willis in 2015, sparking a poaching dispute that was settled for $40mn.
-
Staff must honour notice periods and restrictive covenants.
