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Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. [3]
Mercer Consulting Group. In 1975, Marsh McLennan converted their benefits operations into a wholly owned subsidiary, William M. Mercer, Inc. In 1992, a holding company was created for Marsh McLennan's three global consulting businesses, known as Mercer Consulting Group. [9]
In April 2011, Marsh named Peter Zaffino as CEO, succeeding Glaser, who then became chief operating officer of Marsh & McLennan, only to later be named group CEO. [16] [17] In 2016, John Doyle, previously of AIG, joined Marsh as president. [7] In July 2017, Marsh expanded Doyle's role, naming him President and CEO after Zaffino's departure to AIG.
CIO Paul Beswick leads a team of more than 5,000 technologists and says a key area of focus is ensuring all four of Marsh McLennan business divisions share ideas.
In 1997, it was acquired by Marsh McLennan for $1.8 billion. [4] [5] Of the sale proceeds, $1.01 billion went to J&H's active directors and shareholding managing principals, $500 million was earmarked for 600 key J&H employees, and $297 million was paid to 40 retired directors; however, the retired directors sued, alleging that they were ...
He began his career at Marsh & McLennan after graduation. During the September 11 attacks, 295 staff members were killed.Greenberg was then in midtown Manhattan, at the company's headquarters, with "an unobstructed view of lower Manhattan" where he witnessed "smoke rising from One World Trade Center and the fireball erupt from the second tower."