Company
Marsh & McLennan Companies, Inc.
Headquarters: New York, NY, United States
Founded: 1905
Employees: 83,000
CEO: Mr. Daniel S. Glaser
Market Cap
$94.42 Billion
USD as of Jan. 1, 2024
Marsh & McLennan Companies, Inc. Categories
United States Financials Insurance BrokersUnited States Financials United States Insurance Brokers
Company Description
Marsh & McLennan Companies, Inc. is a global professional services company operating in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Tracing its origins to 1905 and headquartered in New York City, Marsh & McLennan operates in insurance through its subsidiaries, Marsh, Guy Carpenter, and Jardine Lloyd Thompson, and in consulting with Mercer and Oliver Wyman Group.
Top Competitors by Market Capitalization
Industry: Insurance Brokers
| Company | Market Cap (USD) |
|---|---|
| Aon Plc | $58.24 B |
| Arthur J. Gallagher & Co. | $48.77 B |
| Willis Towers Watson plc | $24.85 B |
| Brown & Brown, Inc. | $20.06 B |
| Erie Indemnity Company | $17.42 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
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Stocks & Indices
Marsh & McLennan Companies, Inc. has the following listings and related stock indices.
Stock: NYSE: MMC wb_incandescent
Stock: LSE: MHM wb_incandescent
Stock: FSX: MSN wb_incandescent
Key People
H. Edward Hanway (Chairman) Dominick Burke (Vice Chairman) Dan S. Glaser (President and CEO)
Financials
Revenue: US$19.84 Billion (Fiscal Year Ended December 31, 2021)
Operating income: US$3.066 Billion (Fiscal Year Ended December 31, 2020)
Net income: US$2.016 Billion (Fiscal Year Ended December 31, 2020)
Total assets: US$33.049 Billion (Fiscal Year Ended December 31, 2020)
Total equity: US$9.260 Billion (Fiscal Year Ended December 31, 2020)