Marsh & McLennan Companies Inc - Company Profile
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Marsh & McLennan Companies Inc (Marsh) is a global leader in risk management, reinsurance, capital, and management consulting. The group’s major services include insurance broking, risk advisory, reinsurance solutions, and consulting in health, wealth, and career management. Notable brands under Marsh include Marsh Risk, Guy Carpenter, Mercer, and Marsh Management Consulting. MMC serves a diverse clientele, including businesses, government entities, and individuals across various industries such as automotive, energy, healthcare, and technology. The group utilizes a network of channel partners and distribution networks, including Marsh McLennan Agency (MMA), to deliver its services. It operates in various countries, targeting a wide range of global markets. MMC is headquartered in New York, the US.
Headquarters
United States of America
Address
1166 Avenue Of The Americas, New York, 10036
Website
www.marshmclennan.com
Telephone
1 212 3455000
No of Employees
95,000
Industry
Financial Services
Ticker Symbol & Exchange
MRSH (NYSE)
Revenue (2024)
$27.0B
10.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
2.5%
(2024 vs 2023)
Market Cap*
$89.6B
Net Profit Margin (2024)
XYZ
-7.1%
(2024 vs 2023)
* As of and is in US$
Marsh & McLennan Companies Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Risk Management | Marsh |
| Insurance Broking | Guy Carpenter |
| Risk Consulting | Mercer |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, Marsh McLennan Agency entered into an agreement to acquire Accel Holdings, Inc., a diversified independent insurance and advisory firm. |
| 2026 | Acquisitions/Mergers/Takeovers | In July, the company acquired the remaining 60% stake in Asterra, an insurance and reinsurance broker. |
| 2026 | Corporate Changes/Expansions | In July, Marsh PB Company changed its name to Marsh Risk (Thailand) Company Limited. |
Competitor Comparison
| Key Parameters | Marsh & McLennan Companies Inc | Chubb Ltd | American International Group Inc (AIG) | Aon Plc | Arthur J. Gallagher & Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United States of America | Ireland | United States of America |
| City | New York | Zurich | New York | Dublin | Rolling Meadows |
| State/Province | New York | Zurich | New York | Leinster | Illinois |
| No. of Employees | 95,000 | 45,000 | 22,100 | 60,000 | 72,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Q. Doyle | Chief Executive Officer; President; Director | Executive Board | 2023 | 62 |
| Mark McGivney | Chief Financial Officer; Chief Operating Officer; Executive Vice President | Senior Management | 2026 | 58 |
| Carmen Fernandez | Senior Vice President; Chief People Officer | Senior Management | 2021 | 52 |
| Paul Beswick | Senior Vice President; Chief Information and Operations Officer | Senior Management | 2025 | 51 |
| John Jones | Chief Marketing and Communications Officer; Senior Vice President | Senior Management | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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