Marsh, a leading insurance broker and risk advisor under Marsh McLennan, announced an expansion of its Fast Track facility. With annual revenue of over $24 bn and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.
Starting March 1, 2025, clients can access up to 10% automatic capacity across property, casualty, and specialty risk portfolios.
Fast Track, the only major broker facility of its kind, is available through any Marsh office worldwide without requiring London placement.
Launched in April 2023, Fast Track is led by QBE and supported by Lloyd’s syndicates Canopius, Arch, and Beazley. Since then, it has handled over 15,000 policies globally, with bound premium expected to exceed $1bn in 2025.
John Donnelly, Global Head of Placement at Marsh, highlighted the expansion as a major step in Fast Track’s growth. He stated that the increased capacity strengthens its role as a global facility designed for changing market conditions.
He added that clients will benefit from improved placement options and greater confidence in managing insurance risks.
The addition of the new capacity is a significant milestone in Fast Track’s evolution. Since its launch, Fast Track has quickly established itself as a market-leading global facility which is built to sustain dynamic market conditions and deliver exceptional value to our clients around the world.
John Donnelly, Global Head of Placement, Marsh
“The addition of the new capacity means our clients can achieve more optimal placement outcomes and more confidently navigate today’s evolving insurance landscape,” John Donnelly said.
Its ‘follow form’ structure ensures that client placements align with the lead underwriter’s terms, including claims decisions. Clients also receive an automatic 2.5% premium discount.
