Marsh UK Promotes Addington-Smith as CEO, Succeeding Lay

Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment of James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will take up his new role early in 2026 and report to Flavio Piccolomini, CEO, Marsh McLennan, International. He will be based in London. Addington-Smith will succeed Chris Lay, who also … Read more

Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh

Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance brokerage business of Marsh McLennan. Q3 marks the fifth consecutive global quarterly decrease following seven years of quarterly increases … Read more