Marsh McLennan fuses South African reinsurance units

Marsh McLennan businesses Guy Carpenter and Marsh will combine their South African facultative reinsurance operations into a single business, as of 1st January 2022. The new unit will operate under the Guy Carpenter brand, supporting its aim to expand across the region.

The unit will be led by Don Wright, who has been appointed head of facultative broking for the region and will report to Jane March, CEO for South Africa at Guy Carpenter.

March said: “Today’s announcement further strengthens our position as a leading provider of facultative solutions to the reinsurance market in South Africa.

“By bringing together the Guy Carpenter and Marsh teams under Don’s leadership, we will be able to offer carriers a more efficient and effective way to access the full breadth of our facultative capabilities.”

    Share Story:

Recent Stories


Cyber physical risks
Property damage as a consequence of cyber attack is often excluded from standard property policies, but as the industrial internet of things expands, so too do the risks. This podcast examines the evolving threat landscape. Published October 2021

Financial institutions were early adopters of cyber security and insurance. Are they still on top of the game?
Managing huge amounts of sensitive data online makes financial institutions a prime target for hackers. As such, the sector was an early cohort for insurers in creating cyber cover. Since then, the market has evolved almost beyond recognition. It continues to challenge itself to this day, complying with rigorous regulatory demands and implementing avant-garde enhancements to keep abreast of the ever-changing risks. Published June 2021

Advertisement