Marsh unveils new structure for its broker networks

Broking powerhouse Marsh has created a new division called Marsh Networks to house the various broker networks it now owns following its acquisitions of Jelf and Bluefin.

Marsh Networks will house Marsh’s existing ProBroker network, Jelf’s Purple Partnership and Bluefin Network, which together serve more than 230 independent brokers.

The three networks will continue to be led and managed separately.

The new Marsh Networks unit will be headed by David Hopwood, previously managing director of Bluefin Network. Bluefin Network’s operational director Duncan Pagan will replace Hopwood as head of Bluefin Network.

Marsh ProBroker will continue to be led by Mike Rogers, who has been at the helm since 2010, and Purple Partnership will continue to be led by Les Brewin.

Marsh Networks sits within Marsh’s Direct & Partnership (D&P) unit, which is headed by chief executive Duncan Carter.

Hopwood said: “With our new Marsh Networks strategy, independent brokers can now choose from three distinct propositions, according to the products and services they require and the level of relationship support they need.

“And, for those brokers that do not wish to join a network, they can still gain access to Marsh’s products and services, offering a higher degree of flexibility than ever before.”

Carter added: “We are committed to the continued development of Marsh ProBroker, Purple Partnership and Bluefin Network, which includes the enhancement of distinct products and services to provide independent brokers with the opportunities and support they need to make their businesses more successful.”