Marsh & Mclennan Archives

Oct 2
Standard & Poor’s Report Sheds Light On Struggles For Global Insurance Brokers
Standard & Poor’s Rating Service recently released a report titled, “Challenges still loom for global insurance brokers in post-scandal era” according to nationalunderwriter.com.  This report touches upon the serious challenges facing the three major global insurance brokers including increased competition...
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Sep19
Marsh & McLennan Cutting 750 Positions
Let the onslaught of layoffs continue with the newest round of cuts at Marsh & McLennan (MMC).  MMC announced they will be “eliminating 750 positions in a restructuring move aimed at saving the company $350 million by the end of... Continue Reading
Aug28
Marsh & Mclennan Allowed To Accept Some Contingent Commissions
Marsh & Mclennan has come to an agreement with New York Attorney General Eliot Spitzer and New York Superintendent of Insurance Howard Mills “to amend its agreement barring the broker from accepting all contingent commissions” according to nationalunderwriter.com.  The agreement... Continue Reading
 


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