Marsh McLennan
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The promotion is effective as of January 1.
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DeWitt was recently VP of financial planning and analysis and head of investor relations at Marsh.
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Prior to the event, clients were expecting a “very competitive market environment”.
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Organic growth fell by 1 point quarter on quarter and was down by 5 points from Q3 2023.
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Elaine Casaprima will serve as CEO of the combined entity.
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The broker confirmed Darren Jones and Ian Curtin were also joining the firm.
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The transaction will be one of the largest involving two strategics in broking history.
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The vehicle provides coverage for non-physical damage BI.
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The account is among a handful of airlines that have swapped out their brokers this year.
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Kristof De Bremme will relocate from London to Brussels, reporting to Europe CEO Christos Adamantiadis.
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The brokers called on the industry to “catalyse” the country’ growth by removing blanket exclusions.
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A whitepaper published by the two companies set out measures that could create cyber insurance capacity.
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