← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
Marsh McLennan Companies
Insurance and reinsurance / Insurance brokers
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Marsh McLennan Companies is a global professional services firm that provides consulting, risk management, and insurance brokerage services. The company was founded in 1905 as Marsh & McLennan by Henry W. Marsh and Donald R. McLennan. It is headquartered in New York City and employs over 76,000 people worldwide.
Marsh McLennan operates through four main business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Marsh is a global leader in insurance broking and risk management, offering clients solutions to manage their risks and protect their assets. Guy Carpenter is a risk and reinsurance intermediary, helping clients manage their risks and develop strategic solutions. Mercer is a global consulting firm specializing in health, wealth, and career consulting. Oliver Wyman, a management consulting subsidiary, advises clients on strategy, operations, risk management, and organization transformation.
The company has a diverse client base, including individuals, small businesses, and large corporations in various industries. Their services range from insurance and risk management, human resource consulting, and data analytics to strategy consulting and digital transformation.
Marsh McLennan is committed to corporate social responsibility and sustainability initiatives, including promoting diversity and inclusion, reducing carbon emissions, and supporting social and community development programs. The company has been recognized for its efforts in these areas, being named to the Dow Jones Sustainability World Index and the Fortune World's Most Admired Companies list.
In addition to its business operations, Marsh McLennan is also involved in philanthropic efforts through the Marsh & McLennan Companies Charitable Trust, which supports charitable organizations focused on education and healthcare.
Overall, Marsh McLennan is a well-established company with a strong global presence, providing a range of professional services to help organizations and individuals manage risks and achieve their goals.
Marsh McLennan operates through four main business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Marsh is a global leader in insurance broking and risk management, offering clients solutions to manage their risks and protect their assets. Guy Carpenter is a risk and reinsurance intermediary, helping clients manage their risks and develop strategic solutions. Mercer is a global consulting firm specializing in health, wealth, and career consulting. Oliver Wyman, a management consulting subsidiary, advises clients on strategy, operations, risk management, and organization transformation.
The company has a diverse client base, including individuals, small businesses, and large corporations in various industries. Their services range from insurance and risk management, human resource consulting, and data analytics to strategy consulting and digital transformation.
Marsh McLennan is committed to corporate social responsibility and sustainability initiatives, including promoting diversity and inclusion, reducing carbon emissions, and supporting social and community development programs. The company has been recognized for its efforts in these areas, being named to the Dow Jones Sustainability World Index and the Fortune World's Most Admired Companies list.
In addition to its business operations, Marsh McLennan is also involved in philanthropic efforts through the Marsh & McLennan Companies Charitable Trust, which supports charitable organizations focused on education and healthcare.
Overall, Marsh McLennan is a well-established company with a strong global presence, providing a range of professional services to help organizations and individuals manage risks and achieve their goals.
What is special about the company?
1. Long history and expertise: Marsh McLennan Companies was founded in 1871, making it one of the oldest and most established companies in the insurance and financial services industry. With over 150 years of experience, the company has a deep understanding of the market and has built a strong reputation for quality service.
2. Global presence: With operations in more than 130 countries, Marsh McLennan Companies has one of the most extensive global footprints in the industry. This allows them to provide their clients with local expertise and knowledge of specific markets, while also offering the advantages of a global network.
3. Integrated approach: The company’s structure is unique in that it consists of four different businesses – Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Each of these businesses specializes in a different area of the insurance and financial services industry, but they work together seamlessly to provide clients with a comprehensive and integrated approach.
4. Industry-leading expertise and innovation: Marsh McLennan Companies is known for its highly skilled and experienced workforce, as well as its commitment to innovation. The company invests heavily in research and development to stay ahead of emerging trends and technologies, ensuring that they can provide their clients with the best possible solutions.
5. Broad range of services: The company offers a wide range of services, including risk management, insurance brokerage, consulting, and investment management. This diversity allows them to provide customized solutions that meet the unique needs of their clients, making them a one-stop-shop for insurance and financial services.
6. Focus on sustainability: Marsh McLennan Companies is committed to promoting sustainable business practices, both within their own operations and with their clients. They offer services to help clients manage risks related to climate change and other environmental issues, and they have set ambitious sustainability goals for their own operations.
7. Commitment to corporate social responsibility: The company has a strong focus on giving back to the communities in which they operate. Through their charitable foundation, they support a variety of causes and organizations, and they encourage their employees to get involved in volunteer activities.
2. Global presence: With operations in more than 130 countries, Marsh McLennan Companies has one of the most extensive global footprints in the industry. This allows them to provide their clients with local expertise and knowledge of specific markets, while also offering the advantages of a global network.
3. Integrated approach: The company’s structure is unique in that it consists of four different businesses – Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Each of these businesses specializes in a different area of the insurance and financial services industry, but they work together seamlessly to provide clients with a comprehensive and integrated approach.
4. Industry-leading expertise and innovation: Marsh McLennan Companies is known for its highly skilled and experienced workforce, as well as its commitment to innovation. The company invests heavily in research and development to stay ahead of emerging trends and technologies, ensuring that they can provide their clients with the best possible solutions.
5. Broad range of services: The company offers a wide range of services, including risk management, insurance brokerage, consulting, and investment management. This diversity allows them to provide customized solutions that meet the unique needs of their clients, making them a one-stop-shop for insurance and financial services.
6. Focus on sustainability: Marsh McLennan Companies is committed to promoting sustainable business practices, both within their own operations and with their clients. They offer services to help clients manage risks related to climate change and other environmental issues, and they have set ambitious sustainability goals for their own operations.
7. Commitment to corporate social responsibility: The company has a strong focus on giving back to the communities in which they operate. Through their charitable foundation, they support a variety of causes and organizations, and they encourage their employees to get involved in volunteer activities.
What the company's business model?
Marsh McLennan Companies is a professional services firm that specializes in risk, strategy, and people. Their business model is based on four core competencies: risk management, insurance brokering, consulting, and talent management.
1. Risk Management: Marsh McLennan Companies helps businesses and organizations identify, assess, and manage various risks associated with their operations. This includes physical risks, such as natural disasters or accidents, as well as financial, cyber, and reputational risks.
2. Insurance Brokering: As one of the largest insurance brokers in the world, Marsh McLennan Companies helps clients obtain insurance coverage for a wide range of risks. They work with multiple insurance companies to negotiate the best coverage and pricing for their clients.
3. Consulting: Marsh McLennan Companies offers consulting services in areas such as strategy, operations, technology, and digital transformation. They help clients develop and implement strategies to manage risk, improve performance, and drive growth.
4. Talent Management: This division focuses on human resource management, including talent acquisition, development, and retention. Marsh McLennan Companies offers a range of solutions to help clients attract, retain, and develop top talent.
Overall, Marsh McLennan Companies aims to provide integrated solutions that help their clients manage risk, improve resilience, and drive sustainable growth. They leverage their expertise, data, and technology to deliver customized solutions that address the specific needs of their clients.
1. Risk Management: Marsh McLennan Companies helps businesses and organizations identify, assess, and manage various risks associated with their operations. This includes physical risks, such as natural disasters or accidents, as well as financial, cyber, and reputational risks.
2. Insurance Brokering: As one of the largest insurance brokers in the world, Marsh McLennan Companies helps clients obtain insurance coverage for a wide range of risks. They work with multiple insurance companies to negotiate the best coverage and pricing for their clients.
3. Consulting: Marsh McLennan Companies offers consulting services in areas such as strategy, operations, technology, and digital transformation. They help clients develop and implement strategies to manage risk, improve performance, and drive growth.
4. Talent Management: This division focuses on human resource management, including talent acquisition, development, and retention. Marsh McLennan Companies offers a range of solutions to help clients attract, retain, and develop top talent.
Overall, Marsh McLennan Companies aims to provide integrated solutions that help their clients manage risk, improve resilience, and drive sustainable growth. They leverage their expertise, data, and technology to deliver customized solutions that address the specific needs of their clients.
Interesting facts about the company
1. Marsh McLennan Companies is a leading global professional services firm operating in the areas of risk, strategy, and people.
2. The company was founded in 1871 by Henry W. Marsh and Donald R. McLennan in Chicago, Illinois.
3. Its current headquarters is located in New York City, New York.
4. Marsh McLennan Companies has over 76,000 employees worldwide and operates in more than 130 countries.
5. The company is divided into four main business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.
6. Marsh is a global leader in insurance broking and risk management, helping clients manage risks and protect their assets.
7. Guy Carpenter is a reinsurance and risk management company that helps clients manage their insurance portfolios.
8. Mercer is a global consulting firm specializing in human resources, health, retirement, and investments.
9. Oliver Wyman is a management consulting firm that helps clients in various industries develop and implement effective strategies.
10. In 2018, Marsh McLennan Companies was listed as the number one insurance broker in the world by revenue.
11. The company has a long history of mergers and acquisitions, including the acquisition of Kroll, Inc. in 2004 and the acquisition of Jardine Lloyd Thompson Group in 2019.
12. Marsh McLennan Companies is consistently recognized for its ethical practices and was named one of the World’s Most Ethical Companies by the Ethisphere Institute in 2021 for the 11th consecutive year.
13. The company also has a strong commitment to corporate social responsibility, focusing on issues such as diversity and inclusion, environmental sustainability, and community engagement.
14. Marsh McLennan Companies has been involved in various philanthropic initiatives, including its annual Global Volunteer Month where employees participate in community service projects.
15. The company has received numerous awards and recognition for its industry leading services, including being named the Best Broker for Cyber Risk by Advisen in 2019.
See Company Due Diligence:
2. The company was founded in 1871 by Henry W. Marsh and Donald R. McLennan in Chicago, Illinois.
3. Its current headquarters is located in New York City, New York.
4. Marsh McLennan Companies has over 76,000 employees worldwide and operates in more than 130 countries.
5. The company is divided into four main business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.
6. Marsh is a global leader in insurance broking and risk management, helping clients manage risks and protect their assets.
7. Guy Carpenter is a reinsurance and risk management company that helps clients manage their insurance portfolios.
8. Mercer is a global consulting firm specializing in human resources, health, retirement, and investments.
9. Oliver Wyman is a management consulting firm that helps clients in various industries develop and implement effective strategies.
10. In 2018, Marsh McLennan Companies was listed as the number one insurance broker in the world by revenue.
11. The company has a long history of mergers and acquisitions, including the acquisition of Kroll, Inc. in 2004 and the acquisition of Jardine Lloyd Thompson Group in 2019.
12. Marsh McLennan Companies is consistently recognized for its ethical practices and was named one of the World’s Most Ethical Companies by the Ethisphere Institute in 2021 for the 11th consecutive year.
13. The company also has a strong commitment to corporate social responsibility, focusing on issues such as diversity and inclusion, environmental sustainability, and community engagement.
14. Marsh McLennan Companies has been involved in various philanthropic initiatives, including its annual Global Volunteer Month where employees participate in community service projects.
15. The company has received numerous awards and recognition for its industry leading services, including being named the Best Broker for Cyber Risk by Advisen in 2019.
See Company Due Diligence:
Wait! There's more — sign up for free or log in