In order to more effectively deliver a wider range of services and solutions to commercial organisations across the UK Marsh, the world’s leading insurance broker and risk advisor, today announced that it will rename its Jelf business Marsh Commercial in the first quarter of 2020.
Marsh Commercial will serve clients through a streamlined organisational structure across three regions: North of England, South of England & Wales and Scotland & Northern Ireland as well as through its employee health and benefits (EH&B); markets and networks; schemes and affinities; and private client businesses. With the completion of the acquisition of JLT in April this year, and following on from the acquisitions of Bluefin in 2017 and Clark Thomson in 2018, Marsh Commercial has one of the UK’s most extensive office networks, and will bring together a number of these locations to strengthen this local offering.
In addition, Marsh Commercial will create Enterprise Centres of Excellence around the UK that will be focused on providing smaller organisations with access to world-class risk and insurance advice.
Anthony Gruppo, CEO of Jelf, said: “Since my appointment in May, I have been travelling the country asking our talented colleagues how we can better serve clients. As organisations have faced an increasingly complex landscape of risk issues, Jelf colleagues have worked collaboratively with those in Marsh to call on their wide ranging and global expertise. By including the Marsh name in ours, we make accessing that wider offering more seamless for those we serve.
“From Kirkwall to Plymouth, our colleagues told me that they want a simpler structure that brings decision making closer to the client. By co-locating colleagues where existing offices are close together we will strengthen our local presence thereby enhancing and building on the unrivalled offering we provide.”
Marsh Commercial’s EH&B business, which is part of Mercer Marsh Benefits (MMB), will be led by Rachel Riley who is currently MMB’s leader for small and mid-size enterprises.
Amanda Walton is appointed CEO of Marsh Commercial’s Enterprise Centre of Excellence, which will also include its schemes and affinities business. In her previous role at Jelf, Ms. Walton was managing director (MD) for the North region and Client Advisory Services.
In the regions, Mike Owen becomes CEO of the South of England & Wales region, Jonathan Webb becomes CEO of the North of England region and Ben Bailey becomes CEO of the Scotland & Northern Ireland region. Mr. Owen was formerly Jelf’s MD for the South, Mr. Webb was Head of Marsh’s Leeds office and Mr. Bailey was MD for Jelf’s Scotland & The Lakes region.
Mr. Gruppo added: “Marsh Commercial is a diverse community of colleagues serving a diverse community of clients. With this experienced leadership team, who will all report to me, we are well-placed to enhance our offering to clients and give our colleagues great opportunities to grow their careers.”
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.