Marsh McLennan
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The executive will take the global role alongside his existing US responsibilities. -
Sources said that negotiations are proceeding well with a path to do a cash deal.
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The suit names former Marsh execs Hanrahan and Andrews as defendants.
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In casualty, getting significant blocks of capacity remains a major challenge.
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The executive had previously been at Aon for over 15 years.
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It will be tough to pull off prior goals despite management assurances.
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The pair add to the roster of aviation-focused hires at WTW.
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The executive was most recently at Oliver Wyman after joining from AIG last year.
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The hires form part of WTW’s build-out of its US aviation practice.
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The only major product line to see rate increases was casualty.
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Marsh alleges Aon also went after its clients as well as its employees.
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Insurance Insider US explores the economics of the lift-out growth strategy.
