General Insurance Article - Marsh completes previously announced acquisition of Jelf


Marsh, today announced that, following approval by Jelf Group shareholders and regulatory authorities, it had completed its previously announced acquisition of Jelf Group.

 Jelf is one of the UK’s leading independent insurance brokers and financial services consultancies. Through its 36 offices, Jelf provides expert advice to over 100,000 businesses and individuals on matters relating to insurance, healthcare, employee benefits and financial planning.

 Jelf provides Marsh with a broad set of capabilities that enable it to expand its offering to individuals and small and medium-sized enterprises (SMEs) as well as strengthening its presence in the UK mid and large-sized corporate segment. Together, the two firms bring the scale and resources to create market-leading solutions for clients in these segments.

 The combination of Jelf and Marsh offers an enhanced experience for customers through both Jelf’s and Marsh’s regional offices and broker networks. The combined operation will also benefit from the on-line and telephone capabilities of SME Insurance Services, which was recently acquired by Marsh, as well as the affinity opportunities within Marsh’s large corporate client base.

 Commenting on the announcement, Mark Weil, Marsh’s CEO for UK & Ireland, said: “I have the highest regard for Jelf and the people that work there. The addition of the team at Jelf strengthens the advice and products we provide to individuals and companies of all sizes across the UK. Crucial to this is the cultural fit between the two firms. We share the same ethos of putting our clients and colleagues at the centre of everything we do. We want to build on Jelf as the cornerstone of what we offer to individual and small to medium size enterprises. We are delighted to welcome Alex and the Jelf team to Marsh.”
 
 Alex Alway, Group Chief Executive of Jelf, added: “I have been encouraged by the positive response we have received from clients and colleagues alike over the last few weeks. There is a strong belief that, as part of the Marsh family, we will be able to build on the reputation we have earned for developing long-lasting, trusted adviser relationships with our clients.”

Back to Index


Similar News to this Story

Sleighing the risks by giving Santa the insurance he needs
While you might be the most magical employer in the world, we know that even you aren’t immune to the risks of running a global delivery service! From
Diversity improving in insurance and long term savings
Key figures from the Association of British Insurers’ latest Diversity, Equity and Inclusion (DEI) data collection highlight the work of insurers and
Almost a third of homeowners have been victims of burglaries
Research commissioned by Co-op Insurance reveals that almost one in three (29%) homeowners have been the victims of theft from their home. The member-

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.