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The GBC in London will be led by Mark Parker, supported by Cynthia Beveridge, as Joe Peiser moves to London.
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The senior broker said it will take time for clients to return to the market.
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To help you keep track of investment activity in the UK's private broking sector, Insurance Insider has mapped out the important relationships between the key players and their capital providers.
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Unity will provide $50mn of coverage supporting the export of grain and other commodities.
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Interim UK CEO Kate Roy will step down from the position but retain her role as group COO.
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The deal comes over a year after this publication revealed that the companies were in takeover conversations.
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The broking executive had a key role in the launch of Marsh’s Fast Track facility.
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Marsh cites its primary listing on the NYSE, along with the costs and administrative burdens of listing on LSE, as reasons for delisting.
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The unit almost doubled its organic growth rate from 11% in Q2, while in Q1 the division posted 12% organic growth.
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Current cyber brokerage leader for the US and Canada, Meredith Schnur, will succeed Reagan as cyber practice leader, US and Canada.
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Last week, this publication revealed that Howden agreed to pay Guy Carpenter in excess of £50mn ($61mn) to settle the poaching suit related to Massimo Reina and a defecting European team.
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Concern around prior-year loss development and social inflation is impacting the market.
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