Marsh McLennan

Healthcare Risk Partners chairman bound for Ardonagh subsidiary, with other staff expected to join.

Former Aon president will also profit from MMC-JLT, but broker start-ups are notoriously hard.

The appointment follows a period of global expansion for the broker.

Ahead of bonus payouts for JLT’s US employees , the US and Canada president says Marsh is approaching staffing matters "thoughtfully".

The Fac chief and JLT Re client relationships head tender their resignations.

MMC can afford to lose a few battles, but it must win the hearts and minds of JLT revenue producers to win the war.

Mark Wood, Sarah Hughes and Adam Codrington will all join the David Howden-led firm.

Rice first joined JLT Specialty USA in 2014 following a 25-year career at Aon.

The financial lines and special risks CEOs follow international financial and professional lines head Mark Wood out of the door.

The longstanding former JLT executive had been handed the leadership of international financial and professional lines in the carve-up of senior roles at the merged entity.

The CEO sees potential lost revenue as a short-term headwind only.

The broking giant reports primary insurance pricing growth of 3 percent and a changing risk appetite among underwriters.