Marsh McLennan: A Global Leader in Risk, Strategy, and People

Key Highlights of Marsh McLennan's Operations

Professional Services Leader: Marsh McLennan stands as a global leader in professional services, focusing on risk, strategy, and people.
Diverse Business Segments: The firm operates through four primary business segments: Marsh, Guy Carpenter, Mercer, and Oliver Wyman, each offering specialized services.
Global Reach: With over 90,000 colleagues advising clients in 130 countries, Marsh McLennan has a significant international presence and impact.

Marsh McLennan (NYSE: MMC) is a global professional services firm that provides clients with advice and solutions in the areas of risk, strategy, and people. With a history dating back to 1871, the company has evolved into a leader in helping organizations navigate an increasingly complex and dynamic environment.

Marsh McLennan office space.

Core Business Areas

Marsh McLennan operates through four main business segments, each providing distinct yet interconnected services:

Marsh: Insurance Broking and Risk Management

Marsh is a global leader in insurance broking and risk management. It provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Marsh helps clients quantify and manage risk by leveraging data, technology, and analytics. Their services include:

Risk identification and assessment
Insurance program design and placement
Claims management and advocacy
Risk consulting

Marsh McLennan Agency (MMA) is a subsidiary of Marsh that focuses on providing business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals. MMA combines the personalized service model of a local consultant with the global resources and expertise of Marsh McLennan.

Guy Carpenter: Risk and Reinsurance Intermediary Services

Guy Carpenter provides risk and reinsurance intermediary services, as well as strategic advisory and analytics. They offer expertise in reinsurance broking and help clients manage their risk portfolios. Guy Carpenter's services include:

Reinsurance treaty and facultative placement
Capital modeling and analysis
Catastrophe risk management
Strategic advisory

Mercer: Talent, Health, and Wealth Consulting

Mercer is a global consulting leader in talent, health, and wealth. They provide advice, solutions, and products to help organizations meet the evolving needs of their workforce. Mercer's services include:

Human resources consulting
Health and benefits administration
Retirement and investment consulting
Talent management

Oliver Wyman: Management Consulting

Oliver Wyman is a management consulting firm that provides strategic, economic, and brand consulting services to private sector and governmental clients. They help organizations solve complex problems and achieve sustainable growth. Oliver Wyman's services include:

Corporate strategy
Operations improvement
Organizational design
Economic consulting

Industry Focus and Solutions

Marsh McLennan serves a wide range of industries, including:

Agribusiness
Automotive
Aviation
Construction
Education
Energy
Financial Institutions
Food & Beverage
Healthcare
Hospitality & Gaming
Human Services & Non-Profit
Life Sciences
Manufacturing
Professional Services
Public Entity
Real Estate
Retail & Wholesale
Senior Living
Sports & Events
Staffing
Technology
Transportation & Trucking

The company delivers innovative solutions to governments and non-profit organizations that reduce risks, manage uncertainty, and strengthen public trust. They also offer private client services to protect individuals' personal assets.

A Brief History and Evolution

Founded in 1905, Marsh McLennan has a rich history of growth and strategic acquisitions. Key milestones include:

1904: Henry W. Marsh and Donald R. McLennan merge their firms to create the largest insurance agency in the world.
1923: Acquisition of Guy Carpenter & Company, a reinsurance firm.
1959: Acquisition of Mercer, a human resources consulting firm.
1962: Initial public offering.
2003: Acquisition of Oliver Wyman, a management consultancy.
2010: Acquisition of Trion Group, which became Marsh McLennan Agency (MMA).

These strategic moves have enabled Marsh McLennan to expand its service offerings and strengthen its position as a global leader in risk, strategy, and people.

Global Reach and Impact

Marsh McLennan operates in over 130 countries, with more than 90,000 colleagues worldwide. The company's global presence allows it to provide clients with local expertise and global resources, helping them navigate complex challenges and achieve their goals.

Marsh McLennan is headquartered in New York City.

Financial Overview

Marsh McLennan is a publicly traded company (NYSE: MMC) with annual revenue of over $24 billion. The company's financial strength and stability enable it to invest in innovation, attract top talent, and deliver value to its clients and shareholders.

Services Provided by Marsh McLennan

Here is a summary table of the services Marsh McLennan offers through its four main operating companies:

Company	Services	Focus
Marsh	Insurance brokerage, risk management, risk consulting, claims management	Helping clients quantify and manage risks
Guy Carpenter	Reinsurance brokerage, capital modeling, catastrophe risk management, strategic advisory	Risk and reinsurance intermediary services
Mercer	Human resources consulting, health and benefits administration, retirement and investment consulting, talent management	Talent, health, and wealth consulting
Oliver Wyman	Corporate strategy, operations improvement, organizational design, economic consulting	Management consulting

This video provides an overview of Marsh & McLennan. The video summarizes the company's core business areas, including risk management, insurance brokerage, reinsurance services, talent management, investment advisory, and management consulting. It highlights Marsh McLennan's global reach and its commitment to helping clients navigate complex challenges.

Commitment to Diversity and Inclusion

Marsh McLennan is committed to creating a diverse, inclusive, and flexible work environment. The company believes that diverse perspectives and backgrounds are essential to its success and strives to create a culture where all colleagues can be authentic and share their unique perspectives.

Marsh McLennan Agency: Limitless Opportunities

Marsh McLennan Agency (MMA) stands out as a dynamic and rapidly expanding entity within the Marsh McLennan family. With a robust network of over 10,000 colleagues spread across more than 170 offices in the United States and Canada, MMA distinguishes itself by seamlessly blending the personalized touch of a local consultant with the extensive global resources and expertise characteristic of its parent company, Marsh McLennan (NYSE: MMC).

FAQ

What are Marsh McLennan's core values?

Marsh McLennan's core values include a commitment to integrity, collaboration, innovation, and client service. The company strives to create a culture of trust, respect, and excellence in all that it does.

How does Marsh McLennan contribute to society?

Marsh McLennan helps businesses and communities know more, so they can do more. The company's services and solutions help organizations manage risk, improve performance, and create a more resilient and sustainable future.

What career opportunities are available at Marsh McLennan?

Marsh McLennan offers a wide range of career opportunities across its four main businesses and various corporate functions. The company is committed to attracting and developing top talent and provides colleagues with opportunities to grow and advance their careers.

How does Marsh McLennan support employee well-being?

Marsh McLennan offers a comprehensive benefits package that includes healthcare, insurance, investment, and retirement plans. The company also supports employee well-being through various programs and resources, such as confidential support services for managing stress and anxiety.

What is hybrid work at Marsh McLennan?

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week.