Marsh & McLennan Companies Inc - Company Profile
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Marsh & McLennan Companies Inc (MMC) is a professional services firm specializing in risk, strategy, and people. The group provides a range of services including risk advisory, insurance solutions, reinsurance and capital strategies, and consulting services in health, wealth, and career management sectors. MMC serves a diverse clientele, including commercial and consumer clients, multinational corporations, public sector entities, and individual customers across various industries. The group's distribution network includes specialized industry practices and digital platforms to enhance client engagement. The group has presence in the Americas, Europe, Asia Pacific, and Others. 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*
$82.9B
Net Profit Margin (2024)
XYZ
-7.1%
(2024 vs 2023)
* As of and is in US$
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 April, the company signed a multi-year Official Partnership with Formula 1 to become the official risk partner and official insurance brokering partner. |
| 2026 | Contracts/Agreements | In March, Marsh Risk and Apollo’s ibott created a bespoke insurance facility for Uber to bolster the deployment of autonomous ride-hailing and delivery services globally. |
| 2026 | Contracts/Agreements | In January, the company partnered with Lippincott to introduce an expanded masterbrand. |
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 | Director; President; Chief Executive Officer | Executive Board | 2023 | 62 |
| Mark McGivney | Chief Financial Officer; Chief Operating Officer; Executive Vice President | Senior Management | 2026 | - |
| Carmen Fernandez | Senior Vice President; Chief People Officer | Senior Management | 2021 | 52 |
| John Jones | Senior Vice President; Chief Marketing and Communications Officer | Senior Management | 2022 | 54 |
| Martin South | Chief Client Officer | Senior Management | 2026 | 61 |
| 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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