Welcome to our dedicated page for Marsh & Mclennan news (Ticker: MMC), a resource for investors and traders seeking the latest updates and insights on Marsh & Mclennan stock.
Marsh McLennan (NYSE: MMC) is a global professional services firm in the finance and insurance sector, active in insurance brokerage, risk and reinsurance services, investment and retirement advisory, workforce consulting and management consulting. News about Marsh McLennan and its businesses highlights developments in risk, strategy and people across its four main businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
On this page, readers can find news about Marsh McLennan’s corporate actions, such as authorizations of share repurchase programs and changes to its New York Stock Exchange ticker symbol in connection with a brand change to Marsh. Coverage also includes governance and leadership updates disclosed through company communications and SEC-referenced announcements.
Marsh-related news often focuses on risk topics and insurance brokerage activities, including research on cyber risk, ransomware, and third-party cyber incidents, as well as regional expansion moves through Marsh McLennan Agency acquisitions of local insurance brokerages. Mercer-related news features remuneration and workforce insights, such as total remuneration surveys that analyze salary trends, incentive plans and benefits, and announcements regarding workplace savings and private market investment vehicles.
Oliver Wyman news commonly centers on management consulting insights and collaborative reports with organizations like the World Economic Forum and industry associations, addressing themes such as the global sports economy and the industrial goods sector. Together, these updates provide a view into how Marsh McLennan’s businesses engage with clients and industries worldwide. Investors and observers can use this news feed to follow Marsh McLennan’s research publications, strategic transactions, and other significant announcements across its risk, reinsurance, investments and consulting activities.
Marsh & McLennan Agency (MMA) has acquired PayneWest Insurance, a leading independent agency in the US based in Missoula, Montana. While the financial details remain undisclosed, the acquisition aims to enhance MMA's geographic footprint and service capabilities for midsize businesses and individuals across the Northwest. PayneWest, which has over 700 employees and 26 locations, will operate as MMA's Northwest regional hub. This strategic move is seen as a key milestone to attract high-quality firms and improve client offerings in the insurance market.
Marsh & McLennan Companies (NYSE: MMC) will announce its first quarter financial results on April 27, 2021, before market open. A teleconference will follow at 8:30 a.m. EDT with President and CEO Dan Glaser and CFO Mark McGivney, which will include a Q&A session. Marsh & McLennan is a leading professional services firm, generating over $17 billion in annual revenue, and operates in risk, strategy, and people services across 130 countries.
The Board of Directors of Marsh & McLennan Companies (NYSE: MMC) announced a quarterly dividend of $0.465 per share on outstanding common stock. This dividend is payable on May 14, 2021, to stockholders of record on April 7, 2021. Marsh & McLennan is a leading professional services firm with over $17 billion in annual revenue, providing risk, strategy, and people services globally. The firm employs 76,000 colleagues across 130 countries, showcasing its extensive reach and expertise.
Unqork has announced a partnership with Marsh to develop a new digital platform aimed at enhancing insurance placement and policy management services in the US. This no-code platform will enable Marsh's brokers and insurers to efficiently execute key tasks like structured submissions and quote comparisons. Expected to launch in Q2 2021, the platform will initially focus on casualty coverage and later expand to property and specialty lines. This collaboration aims to streamline operations and improve client service through advanced digital tools.
Mercer appointed Angela Barrie as West Health Market Business Leader, effective immediately. Based in Seattle, her role focuses on enhancing brand awareness and driving revenue growth in Mercer’s Health business. Barrie brings over 20 years of experience in healthcare consulting, most recently as Vice President of Employer Solutions at ConsumerMedical. She will leverage her experience from prior roles at top firms including Willis Towers Watson and Aon to strengthen Mercer's position in the West coast market.
Mercer has appointed Pat Tomlinson as President, US & Canada, and Stephanie Penner as US East Market CEO, both based in New York. Tomlinson, with over 20 years of experience in HR consulting, previously led Mercer's Career business in North America. Penner has also worked for over two decades, focusing on workforce strategies. CEO Martine Ferland expressed confidence in their leadership as the company grows post-COVID, stating they will enhance client service and business expansion.
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