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Marsh to rename Jelf business as Marsh Commercial

Marsh to rename Jelf business as Marsh Commercial | Insurance Business

Marsh to rename Jelf business as Marsh Commercial

Insurance brokerage Jelf will soon have a brand new name, after its parent firm Marsh announced that the business will be called Marsh Commercial as of Q1 2020.

A press release stated that the move will help the broker “effectively deliver a wider range of services and solutions to commercial organisations across the UK.” Marsh Commercial will conduct business via a new organisational structure in three regions – North of England, South of England and Wales, and Scotland and Northern Ireland – and through its employee health and benefits, markets and networks, schemes and affinities, as well as private client businesses.

The renaming will help streamline Marsh’s business, after the broker completed the acquisition of Clark Thomson and Bluefin in the past two years, bringing them both under the Jelf umbrella, as well as completing the acquisition of JLT in April 2019. Thanks to these deals, Marsh Commercial will now boast an extensive office network.

Marsh Commercial will also establish Enterprise Centres of Excellence across the UK, which will help provide smaller organisations with access to risk and insurance advice. The centres will be run under the leadership of Amanda Walton, who was previously managing director for the North region and Client Advisory Services.

Regional leadership goes to Mike Owen, who becomes CEO of the South of England and Wales region; Jonathan Webb, who becomes CEO of the North of England region; and Ben Bailey, who becomes CEO of the Scotland and Northern Ireland region. Meanwhile, Rachel Riley, the current Mercer Marsh Benefits leader for SMEs, will lead the employee health and benefits business.

As for the CEO of Jelf, who was appointed by Marsh earlier this year, Anthony Gruppo has been travelling around the country during this time, getting feedback from colleagues on how to better serve their 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,” said Gruppo. “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.”

He 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.”