Marsh & McLennan Companies Inc. has a powerful story that dates back to 1905. Henry W. Marsh and Donald R. McLennan teamed up and formed Burroughs, Marsh & McLennan. However, in 1906, the company was given its current name.
The global professional services firm has four companies within it; Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Each of them has independent roles, but the headquarters are in New York City.
The company’s business is in helping customers with risk management, reinsurance broking expertise, advancement, and transformation on the core areas of life. The four companies bring their capabilities together to seize opportunities, which would build a more resilient society.
Marsh & McLennan Companies Inc. works with multinational organizations, insurers and governments, institutional investors, and behavioral economists. All these have the opportunity of tapping into the company’s ability to facilitate capital flows. Besides being listed on the NYSE market, the company’s clients are spread across 130 countries.