Marsh CEO Slams Rivals’ “Unlawful” Hiring Blitz as Shares Slide
Marsh & McLennan CEO John Doyle publicly accused rival brokers of “unlawful and unethical” talent raids during Marsh’s Oct. 16 earnings call Insuranceinsider Theinsurer. Doyle said competitors’ tactics were a “deliberate strategy” to flout non-compete covenants Insuranceinsider. The comments came amid a surge of legal battles – Marsh has sued peers like Alliant and Howden for allegedly poaching its teams and clients Insurancejournal Insurancebusinessmag. In Q3, Marsh reported $6.4 billion revenue (up 11% YoY) and $911 million adjusted profit Reuters, but its stock still plunged ~8% on the day Reuters, trading around $190 (mid-Oct. 2025) Stockanalysis. Analysts remain cautiously bullish: the consensus