Marsh McLennan
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The intermediary has acquired St. Paul, Minnesota-based Klein Agency.
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The broker pegs the “new norm” increase at about 5 percent.
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Marsh’s middle-market group has acquired Maryland-based Insurance Associates.
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The claim for loss from damage to the Ituango Dam in Colombia could exceed $1bn, this publication can reveal. -
The new recruits are the first step in a strategic global expansion plan.
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Richard Blades will be CEO of the combined business, to be called Marsh Wortham.
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Previous roles have included posts at Zurich and RSA.
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The executive joined the Bay Area broker from Marsh & McLennan Agency West.
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Weyman and Smith remain with the broker but will focus on client work.
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The broker joins from Northwestern Memorial HealthCare.
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Beadling joins from Willis Towers Watson, where he had worked since 1992.
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The broker has been a regional construction practice leader at Marsh for the past seven years.
