Marsh & McLennan Agency - NE

Marsh L.L.C | May 24, 2018

Global mergers and acquisitions activity remained robust in 2017, Marsh L.L.C. said in a report released on Thursday, and the competitive atmosphere led private equity and corporate investors to turn to transactional risk insurance in record numbers. In Transactional Risk 2017: Year in Review, Marsh said it placed 28% more transactional risk insurance policies globally compared with 2016. Average limits placed also increased, Marsh said rising 38% in 2017, driven by the size and number of transa...

Marsh Global Insurance | May 17, 2018

Global commercial insurance pricing increased in the first quarter of 2018, according to the Marsh Global Insurance Market Index. This is the second consecutive quarter of increases, following four-and-a-half years of price decreases. This sustained rating pressure has been largely driven by property insurance pricing, which was impacted by large catastrophe losses in the third quarter of 2017. The index suggests price increases in financial and professional lines have also made an impact....

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...