Marsh McLennan, a global leader in risk, strategy, and people, announced today that its Marsh McLennan Agency division has entered into an agreement to acquire McGriff Insurance Services, LLC, a subsidiary of TIH.
Tag: Marsh & McLennan
Zurich and Marsh McLennan Sound Alarm on Cybersecurity Gaps
In a joint whitepaper, Closing the Cyber Risk Protection Gap, Zurich Insurance Group and Marsh McLennan highlight the growing divide between increasing cyber threats and the current ability of both businesses and insurers to mitigate them.
Marsh McLennan CEO: Economics, Geopolitics Drive Up Price of Risk
Marsh McLennan sees strong growth opportunities amid a year of economic and geopolitical uncertainty that is raising the price of risk, according to its chief executive officer. The geopolitical environment remains unsettled, with multiple major wars and rising tensions politically, said President and CEO John Q. Doyle in a conference call. As more than half… Continue reading Marsh McLennan CEO: Economics, Geopolitics Drive Up Price of Risk
Insurance Prices Continue to Stabilize as Cyber Market Records Second Quarterly Decrease Since H2 2018
Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.
Marsh McLennan Posts 13% Revenue Growth in Q3 2023
Consolidated revenue in the third quarter of 2023 was $5.4 billion, an increase of 13% compared with the third quarter of 2022, for Marsh & McLennan.
Marsh McLennan Reports Second Quarter 2023 Results
Marsh McLennan generated underlying revenue growth of 11%, adjusted EPS growth of 16%, for the second quarter.
Marsh McLennan Agency Acquires HMS Insurance Associates
Marsh McLennan Agency announced the acquisition of Hunt Valley, Maryland-based HMS Insurance Associates, Inc.
Marsh McLennan Agency Acquires McDonald Zaring Insurance
Marsh McLennan Agency (MMA) today announced the acquisition of McDonald Zaring Insurance.
Sompo and Marsh & McLennan Agency Launch Insurance Solution for Commercial Real Estate Market
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that together with Marsh & McLennan Agency LLC (MMA), Sompo Global Risk Solutions (GRS) has launched a new customizable insurance solution that helps commercial real estate owners- of virtually all asset sizes and classes- control costs, streamline policy… Continue reading Sompo and Marsh & McLennan Agency Launch Insurance Solution for Commercial Real Estate Market
Marsh Acquires Leading U.S. Independent Insurance Agency, Assurance
Marsh, the world’s leading insurance broker and risk adviser, today announced that Marsh & McLennan Agency LLC (MMA), its US middle market agency subsidiary, has acquired Schaumburg, Illinois-based Assurance Holdings, Inc., one of the leading independent agencies in the US. Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage… Continue reading Marsh Acquires Leading U.S. Independent Insurance Agency, Assurance