Marsh & McLennan Companies

Consulting/Management Consulting/Security, Risk, Restructuring Consulting

New York, United States

Description

Marsh & McLennan Companies, founded in 1871 and headquartered in New York City, is a publicly traded global professional services firm specializing in risk management, insurance brokerage, reinsurance services, talent management, investment advisory, and management consulting. The company's operations serve primarily B2B markets across various industries, providing comprehensive solutions in security, risk, and restructuring consulting. With approximately 90,000 employees worldwide, Marsh & McLennan generated a revenue of around $18.82 billion. Its subsidiaries include Mercer Consulting, Oliver Wyman Group, McGriff, and Guy Carpenter & Company, among others. The organization maintains a strong presence across its headquarters in New York and numerous regional offices, delivering tailored expertise to clients globally.

Experteer Insights

Locations 148

Vacancies 1379

Executive Salary

avg.$170,060

Experteer Briefing

Company Trajectory

Founded in 1871 in New York City as an insurance brokerage firm, Marsh & McLennan Companies has evolved into a global leader in security, risk, and restructuring consulting. Over its long history, the company has strategically expanded its market presence, diversified its service offerings, and developed major subsidiaries such as Marsh, Guy Carpenter, Mercer, and Oliver Wyman. These entities have enabled the firm to pivot beyond its original insurance focus to include reinsurance, talent management, investment advisory, and management consulting services. Its next steps appear focused on further consolidating its leadership position through innovation, expansion of client solutions, and sustained commitment to global risk management.

Financial Setup

Marsh & McLennan Companies is a publicly traded entity headquartered in New York, employing approximately 90,000 individuals worldwide. It serves primarily a B2B customer base, delivering a comprehensive suite of professional services across risk management and advisory domains. The company’s current business model is built around its global network of subsidiaries, facilitating stable financial growth and resilience. Revenue generation is supported by long-term client relationships and diversified service lines, contributing to a robust and scalable financial structure that has adapted to shifting market and regulatory conditions.

Development & Outlook

The company leverages its portfolio of subsidiaries to offer a wide array of specialized services, including insurance brokerage, reinsurance, health and wealth consulting, and management consulting. Marsh & McLennan holds 47 registered intellectual property patents in risk management and insurance methodologies, underscoring its commitment to research and development. In terms of sustainability, the company achieved CarbonNeutral® certification in September 2021 and publishes an annual ESG report highlighting progress in environmental, social, and governance practices. Social responsibility is further reflected by a $42.5 million investment in 2024 toward climate change mitigation, education initiatives, community health, and diversity and inclusion. The organization has consistently earned top marks for diversity and equity, including a perfect score on the Human Rights Campaign’s Corporate Equality Index for fourteen years, and continues to position itself as a forward-thinking and responsible employer.