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. has collaboration with Chubb Limited to secure insurance coverage for the COVAX no-fault compensation program. The company was founded in 1871 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: mmc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2025 | $281.00 | Buy | Redburn Atlantic |
| 12/12/2024 | $250.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 11/25/2024 | $242.00 | Outperform | Evercore ISI |
| 9/5/2024 | $236.00 | Equal Weight | Barclays |
| 4/17/2024 | $211.00 | Overweight → Neutral | Piper Sandler |
| 4/11/2024 | $212.00 | Overweight → Equal Weight | Wells Fargo |
| 1/10/2024 | $189.00 | Market Perform | TD Cowen |
| 1/8/2024 | $185.00 | Buy → Sell | Goldman |
| 12/15/2023 | $198.00 → $192.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 10/5/2023 | $226.00 | Buy | Deutsche Bank |
Redburn Atlantic initiated coverage of Marsh McLennan with a rating of Buy and set a new price target of $281.00
RBC Capital Mkts upgraded Marsh McLennan from Sector Perform to Outperform and set a new price target of $250.00
Evercore ISI resumed coverage of Marsh McLennan with a rating of Outperform and set a new price target of $242.00
Barclays initiated coverage of Marsh McLennan with a rating of Equal Weight and set a new price target of $236.00
Piper Sandler downgraded Marsh McLennan from Overweight to Neutral and set a new price target of $211.00
Wells Fargo downgraded Marsh McLennan from Overweight to Equal Weight and set a new price target of $212.00
TD Cowen initiated coverage of Marsh McLennan with a rating of Market Perform and set a new price target of $189.00
Goldman downgraded Marsh McLennan from Buy to Sell and set a new price target of $185.00
Keefe Bruyette downgraded Marsh McLennan from Mkt Perform to Underperform and set a new price target of $192.00 from $198.00 previously
Deutsche Bank initiated coverage of Marsh McLennan with a rating of Buy and set a new price target of $226.00
Revenue Growth of 9%; Underlying Revenue Growth of 4% GAAP Operating Income Increases 4%; Adjusted Operating Income Increases 8% First Quarter GAAP EPS of $2.79; Adjusted EPS Increases 5% to $3.06 Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2025. John Doyle, President and CEO, said: "We had a solid start to the year with 9% revenue growth reflecting momentum across our business and the contribution from acquisitions. For the quarter, we generated 4% underlying revenue growth, 8% growth in adjusted operating income, and 5% growth in adjusted
Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines expertise to clients across the country, with specialties in the life sciences, information management, non-profit, craft beverage manufacturing, and municipal industries. All Arthur Hall employees, including President Jim Denham, will join MMA and
The Board of Directors of Marsh McLennan (NYSE:MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on May 15, 2025 to stockholders of record on April 3, 2025. About Marsh McLennan Marsh McLennan (NYSE:MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. View source version on businesswire.com: https://www.bus
Full-Year Revenue Growth of 8%; Underlying Revenue Growth of 7% Full-Year GAAP Operating Income Increases 10%; Adjusted Operating Income Increases 11% Full-Year GAAP EPS of $8.18; Adjusted EPS Increases 10% to $8.80 Fourth Quarter GAAP EPS of $1.59; Adjusted EPS Increases 11% to $1.87 Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2024. John Doyle, President and CEO, said: "Our fourth quarter results capped a terrific year for Marsh McLennan. We delivered on our strategic objectives, generated excellent financial performance
The Board of Directors of Marsh McLennan (NYSE:MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on February 14, 2025 to stockholders of record on January 30, 2025. About Marsh McLennan Marsh McLennan (NYSE:MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. View source version on businesswire.com: https://w
Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across North America, today announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 2012, Acumen provides customized insurance programs to businesses and individuals across the country, with specialties in the construction, real estate, and aviation industries. All Acumen employees, including President Tony D'Elia, will join MMA and continue to operate out of Melville, NY. "We have long adm
Marsh McLennan (NYSE:MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquisition, McGriff's more than 3,500 colleagues will join Marsh McLennan Agency. "We are thrilled to welcome the McGriff team to Marsh McLennan," said John Doyle, President and CEO of Marsh McLennan. "Their deep specialty and industry capabilities will strengthen Marsh McLennan Agency's value proposition and expand our reach in the growing middle market. Together, McGriff and MMA will deliver even greater value to clients." "Armed with McGriff's outstanding talent, leadership and expertise, we look forward to enhancing ou
GAAP Revenue Increases 6%; Underlying Revenue Rises 5% Growth in GAAP Operating Income of 11% and Adjusted Operating Income of 12% Third Quarter GAAP EPS Rises 3% to $1.51 and Adjusted EPS Increases 4% to $1.63 Nine Months GAAP EPS Rises 10% to $6.59 and Adjusted EPS Increases 10% to $6.93 Marsh McLennan (NYSE:MMC), a global leader in risk, strategy and people, today reported financial results for the third quarter ended September 30, 2024. John Doyle, President and CEO, said: "This was a milestone quarter for Marsh McLennan as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrated continued momentum, with 5% underlyin
The Board of Directors of Marsh McLennan (NYSE:MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on November 15, 2024 to stockholders of record on October 4, 2024. About Marsh McLennan Marsh McLennan (NYSE:MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. View source version on businesswire.com: https://www.b
GAAP Revenue Increases 6%; Underlying Revenue Rises 6% Growth in GAAP Operating Income of 13% and Adjusted Operating Income of 11% Second Quarter GAAP EPS Rises 10% to $2.27 and Adjusted EPS Increases 10% to $2.41 Six Months GAAP EPS Rises 12% to $5.08 and Adjusted EPS Increases 12% to $5.30 Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the second quarter ended June 30, 2024. John Doyle, President and CEO, said: "We generated strong results in the second quarter with 6% underlying revenue growth, 10% adjusted EPS growth, and 130 basis points of margin expansion." "We conti
Marsh McLennan (NYSE:MMC), a global leader in risk, strategy, and people, today announced the results of its 2025 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2025 director nominees for a one-year term expiring at next year's annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, H. Edward Hanway, Judith Hartmann, Deborah C. Hopkins, Tamara Ingram, Jane H. Lute, Steven A. Mills, Morton O. Schapiro, Jan Siegmund and Lloyd M. Yates. Oscar Fanjul is retiring from the Board after more than 23 years of service and did not stand for re-election. John Doyle, President and CEO of Marsh McLennan, said, "I want to thank Oscar for his many contributions
Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC) today launches its latest Labor Cost per Vehicle analysis. As the automotive industry faces economic headwinds, shifting global production landscapes, and rising geopolitical tensions, this comparative analysis examines the labor cost per vehicle (LCPV), a critical metric that influences automaker profitability and competitiveness. Getting Under the Hood of Automotive Labor Cost Per Vehicle, analyzes more than 250 vehicle assembly plants worldwide, revealing an average labor cost gap of nearly $1,700 per vehicle between premium European brands and Chinese manufacturers. The report identifies
SAN FRANCISCO, May 5, 2025 /PRNewswire/ -- GI Partners ("GI"), a leading private investment firm, announced today the launch of a tech-enabled Managing General Agency ("MGA") platform in partnership with insurance industry veterans Brad Emmons and Brian Hanuschak. Emmons and Hanuschak bring more than 50 years' combined experience building and scaling insurance businesses. The new platform will focus on acquiring and growing a diversified portfolio of MGAs across multiple lines of coverage. Its strategy centers on underwriting excellence, technology-driven operations, and a strong service orientation toward carriers, brokers, and policyholders. Brad Emmons co-founded Orchid Underwriters in 1
NEW YORK, May 5, 2025 /PRNewswire/ -- Mercer, a business of Marsh McLennan (NYSE:MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, and the National Commission on Climate and Workforce Health, an initiative of the Health Action Alliance (HAA), today announced the launch of the Climate Health Cost Forecaster, a digital tool that enables employers to anticipate the financial impact of climate-driven health risks on their workforce. This model, developed by Mercer,
Mercer, a business of Marsh McLennan (NYSE:MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced the completion of its previously announced acquisition of SECOR Asset Management. Terms of the transaction were not disclosed. SECOR serves the complex needs of institutional investors, with a range of end-to-end portfolio solutions, including investment advisory and implementation, fiduciary management and asset liability management. The acquisition expands Mercer's investment capabilities for its diverse institutional client base and large asset owners globally. Mi
Revenue Growth of 9%; Underlying Revenue Growth of 4% GAAP Operating Income Increases 4%; Adjusted Operating Income Increases 8% First Quarter GAAP EPS of $2.79; Adjusted EPS Increases 5% to $3.06 Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2025. John Doyle, President and CEO, said: "We had a solid start to the year with 9% revenue growth reflecting momentum across our business and the contribution from acquisitions. For the quarter, we generated 4% underlying revenue growth, 8% growth in adjusted operating income, and 5% growth in adjusted
Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines expertise to clients across the country, with specialties in the life sciences, information management, non-profit, craft beverage manufacturing, and municipal industries. All Arthur Hall employees, including President Jim Denham, will join MMA and
Marsh McLennan (NYSE:MMC), a global leader in risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 17, 2025, before the market opens. The news release will be available on marshmclennan.com. Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT. The discussion will include a question-and-answer session. The live audio webcast will be accessible on marshmclennan.com, and a replay will be available approximately two hours after the event. The webcast is listen-only. Those interested in participating in the question-and-answer session may register here t
The Board of Directors of Marsh McLennan (NYSE:MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on May 15, 2025 to stockholders of record on April 3, 2025. About Marsh McLennan Marsh McLennan (NYSE:MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. View source version on businesswire.com: https://www.bus
Mercer, a business of Marsh McLennan (NYSE:MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced that it reached an agreement to acquire SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. Terms of the transaction, which is expected to close in the second quarter of 2025, subject to regulatory approvals and client consents, were not disclosed. Founded in 2010 by Tony Kao, Ray Iwanowski and partners, SECOR serves the complex needs of institutional investors, including pension funds, insurance companies, endowments and family off
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- The firms emphasized that the removal of blanket exclusions would catalyze Ukraine's growth and future reconstruction MONTE CARLO, Sept. 8, 2024 /PRNewswire/ -- Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine's resilience by catalyzing economic growth and strengthening the country's foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, which ignore the diversity of risk throughout the country, would further support for Ukraine's economy. Additionally, since the start of the war, many global reinsurers have grouped risk
The firms emphasized that the removal of blanket exclusions would catalyze Ukraine's growth and future reconstruction Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine's resilience by catalyzing economic growth and strengthening the country's foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, which ignore the diversity of risk throughout the country, would further support Ukraine's economy. Additionally, since the start of the war, many global reinsurers have grouped risks originating in Ukraine, Russia, and Belarus toget
The Board of Directors of Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today appointed Jan Siegmund as a director, effective immediately. The Company's Board now consists of 12 directors. Commenting on Mr. Siegmund's appointment, H. Edward Hanway, Chair of the Company's Board of Directors, said, "Effective succession planning and board refreshment are at the core of our commitment to having the right mix of skills and experience on our Board. We are pleased to welcome an executive of Jan's caliber to support the success of Marsh McLennan." John Doyle, President and CEO, Marsh McLennan, said, "I am excited to welcome
Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience CEOs acknowledge extreme weather will be one of the most critical threats to their businesses in the next year.Yet only 17% of CEOs have invested in strategies to better protect employees from climate health risks.Exposure to more frequent extreme heat, poor air quality and unprecedented weather events directly impacts physical and mental health and exacerbates underlying chronic conditions.Extreme heat alone now generates a productivity loss of more than 295 billion work hours per year worldwide.The Commission will gather data t
New health, benefits, and pensions administrator Aptia today announced the appointment of Jeff Williams as U.S. President and CEO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305369517/en/Jeff Williams, Aptia U.S President (Photo: Business Wire) Based out of Aptia's U.S. headquarters in Boston, Jeff will be responsible for Aptia's benefits administration services book of business and will report directly to Bala Viswanathan, Aptia Founder & Group CEO. "We are excited to welcome Jeff to Aptia as he brings a wealth of experience and knowledge in the North American benefits administration industry," said Viswanathan. "With
NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Today Stoch Analytics Limited, a newly formed private company headquartered in Ireland, acquired the proprietary Atlas software suite from Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE:MMC). Chris Stiefeling has left Oliver Wyman to be the new company's CEO. "We are delighted to announce the sale of Atlas, and excited about the appointment of Chris as CEO of Stoch Analytics. Oliver Wyman, and Oliver Wyman Actuarial consulting, will continue to partner and work with Stoch Analytics on a go-forwa
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan (NYSE:MMC), announced the appointment of Olaolu Aganga as Partner, US Chief Investment Officer (CIO), effective today. Ms. Aganga will report to Hooman Kaveh, Global Chief Investment Officer, and join the leadership team for Mercer's US Outsourced Chief Investment Officer (OCIO) practice. Based in New York, Ms. Aganga will lead the US OCIO investment team to implement and deliver all aspects of Mercer's OCIO investment processes, including strategic and dynamic asset allocation, fund manager selection, as well as
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan (NYSE:MMC), has named Jeff Elliott as Global Chief Operating Officer (COO), effective immediately. Mr. Elliott is responsible for leading and enhancing Mercer's operations and technology globally. He also retains his previous responsibilities as Mercer's US & Canada COO, a role he has held since joining the firm in 2021. Based in Charlotte, North Carolina, Mr. Elliott joins the Mercer Executive Committee, and reports to Martine Ferland, President and Chief Executive Officer, Mercer. Commenting on the appointment,
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan (NYSE:MMC), announced the appointment of Jennifer Kruse as US Outsourced Chief Investment Officer (OCIO) Leader. Kruse will oversee Mercer's OCIO business and team in the US and will be responsible for implementing strategic initiatives, driving business development, and managing and expanding client relationships. Most recently, Kruse was Head of Clients for US Investment Solutions. She will now join Mercer's US Wealth leadership team. Based in New York, she will report to Marc Cordover, US Investments and Retire
The Board of Directors of Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as directors effective immediately. With these appointments, the Company's Board will consist of 15 directors. "We are committed to best practices in corporate governance, including effective succession planning and Board refreshment," said H. Edward Hanway, Chairman of the Company's Board of Directors. "Judith and Ray bring deep and diverse financial, international operations and governance experience to our Board. We look forward to working alongside them." "I am delighted to welcome Ju