Marsh and McLennan (MMC) has lost two major contracts to its main competitor Willis Group Holdings, reports said today.
According to reports Wyeth Laboratories and United Technologies have confirmed that they are conducting business with both Marsh and Willis.
Time Warner is reported to have transferred several insurance lines to Willis in the past few weeks.
MMC declined to comment on individual cases, reports said, but said the companies retention was lower than it had originally forecast.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
