Marsh McLennan Completes Acquisition of McGriff Insurance Services
15 November 2024 - 10:01PM
Business Wire
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 our client-centric
capabilities to serve even more businesses and communities across
the country,” commented David Eslick, Chairman and CEO of Marsh
McLennan Agency.
“By joining Marsh McLennan Agency, our teammates gain access to
expanded global resources and industry knowledge to build their
career growth and bring innovative, actionable solutions to
clients—who will continue to be served by the same dedicated teams
and client-first strategy they know and trust,” said Read Davis,
CEO of McGriff.
Founded in 1886, McGriff is a leading provider of insurance
broking and risk management services in the United States.
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.
About McGriff McGriff Insurance Services, LLC is a
full-service insurance broker providing risk management and
insurance solutions to clients across the United States. The firm’s
coverages include commercial property and casualty, corporate
bonding and surety services, cyber, management liability, captives,
and alternative risk transfer programs, small business, employee
benefits, title insurance, personal lines, and life and health. For
more information, please visit www.McGriff.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241115514825/en/
Media contact: Erick Gustafson Marsh McLennan +1 202 263
7788 erick.gustafson@mmc.com
Investor contact: Jay Gelb Marsh McLennan +1 212 345 1569
mmc.investor.relations@mmc.com
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