@marsh.com
We provide industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology, and analytics to help reduce our clientsโ total cost of risk.
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About
Description
Marsh is a global leader in insurance broking and risk management. It is the world's largest insurance brokerage firm and operates in more than 130 countries, including Canada. Marsh's history dates back to 1871 when it was established as Marsh & McLennan Companies in New York City.
Over the years, the company grew and expanded its services, becoming one of the most prominent names in the insurance industry. In Canada, Marsh has a strong presence with multiple offices across the country, including its headquarters in Toronto. The headquarters in Canada serves as the central hub for the company's operations and strategic decision-making.
Marsh offers a wide range of products and services to its clients. Its primary business areas include risk and insurance services, employee health and benefits, and consulting services. The company specializes in providing customized insurance solutions to businesses of all sizes, helping them manage and mitigate their risks effectively.
On a global scale, Marsh has several noteworthy subsidiaries and partnerships. For instance, it owns Guy Carpenter, a global reinsurer, and Mercer, a leading HR consulting firm. These subsidiaries enhance Marsh's ability to provide integrated risk management and consulting services to its clients.
In terms of market position, Marsh is considered a global leader in the insurance brokerage industry. The company has a strong presence in key markets worldwide and generates significant revenue from its operations. Marsh's global sales and market share position it as a top choice for businesses seeking insurance and risk management services.
Over the years, Marsh has achieved numerous significant milestones. One major event was its acquisition of Jardine Lloyd Thompson Group (JLT) in 2019, which further strengthened its global presence and expanded its capabilities. As of the latest updates, Marsh continues to thrive in the insurance industry and has adapted its services to address emerging risks such as cybersecurity and climate change.
The company remains committed to providing innovative solutions to its clients and maintaining its position as a global leader. In conclusion, Marsh is a well-established insurance brokerage firm with a strong presence in Canada and worldwide. With a wide range of products and services, a global network of subsidiaries and partnerships, and a leading market position, Marsh continues to be a trusted partner for businesses in managing their risks effectively
Company Type
Public Company
Company Size
10,001+
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