Marsh McLennan
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Assurance will become the Midwest regional headquarters for MMA, under Assurance CEO Tony Chimino.
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Brian Hanuschak was previously president of the MGU’s North America business.
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The combined entity would become the largest broker, with $20.1bn of revenues.
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The US aviation chief will replace Simon Harker on his retirement.
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Jane Holl Lute will join the MMC board on 1 March in a non-executive capacity.
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The deal is the broking giant’s second such transaction so far this year.
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The specie team joined JLT from Willis in 2015, sparking a poaching dispute that was settled for $40mn.
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Staff must honour notice periods and restrictive covenants. -
The intermediary’s CEO Will Underwood will take on the additional role as Marsh as private equity leader nationally.
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Aon will manage the captive, while Marsh is placing excess insurance for the digital currency platform.
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BGCI’s aviation start-up looks to develop airline, aviation, satellite and reinsurance capabilities.
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Sarah Stephens will be based in London and be responsible for cyber insurance across the international division.
