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Independent Insurance Group Benefits, with annual revenue of approximately $1.4 million, will be folded into Prescott Pailet Benefits, a Marsh & McLennan Agency company, further expanding the firm ...
Marsh McLennan's risk and insurance services business posted revenue growth of 11.5%, while its consulting arm's revenue climbed 6.1%. On an adjusted basis, the New York-based firm earned $927 ...
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]
Marsh's insurance brokering and risk management business began in the first decade of the twentieth century, when it was formed by Henry Marsh and Donald McLennan with operations in New York City and Chicago, where McLennan had studied railroad risk and insurance needs by spending 30 days riding the rails. [4]
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Edna Troche Cintrón (October 14, 1954 – September 11, 2001), [1] also known as the Waving Woman, [2] was a Marsh McLennan-employed administrative assistant at the World Trade Center who was killed in the September 11 attacks of 2001.
Guy Carpenter (1869–1935) [4] founded the company in 1922 and concluded a merger with MMC founders Henry W. Marsh and Donald R. McLennan about a year later. [5] [6] Concurrently, he was the manager [7] of Atlanta-based [8] [9] Cotton Insurance Association, [6] which had been organized in 1905.
Marsh and McLennan introduced the "concept of a broker acting as a buyer of insurance representing the client, rather than as a seller of insurance" and helped to pioneer the concept of risk management. [6] By 1917, the year the United States entered the war, Marsh & McLennan had established offices throughout the country. [6] Marsh retired in ...