Marsh enhances Fast Track facility, increasing capacity for clients

Marsh, an insurance broker and risk advisor under Marsh McLennan, has announced an expansion of its Fast Track facility, increasing available capacity for clients.

Starting March 1, 2025, clients will have access to up to 10% automatic capacity across property, casualty, and specialty risk portfolios. Fast Track is available worldwide through any Marsh office and does not require London placement.

Originally launched in April 2023, Fast Track is led by QBE and supported by Lloyd’s syndicates Canopius, Arch, and Beazley.

Since its inception, the facility has facilitated over 15,000 policies globally, with bound premium expected to exceed $1 billion in 2025.

Fast Track’s ‘follow form’ structure ensures that all client placements adhere to the lead underwriter’s terms and conditions, including claims decisions, while also providing an automatic 2.5% client premium discount.

John Donnelly, Global Head of Placement, Marsh, added: “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.

“The addition of the new capacity means our clients can achieve more optimal placement outcomes and more confidently navigate today’s evolving insurance landscape.”

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