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| Home » Top Car Insurance Companies World Wide » Marsh & McLennan, United States |
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Marsh & McLennan, United States |
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United States of America, one of the most well-developed countries in the world has got a very flourishing economy. The country is home to large number of industries and also one of the major center for wide variety of business operations. Insurance and financial services are two of the most profit earning businesses in the economy of United States of America. Insurance and financial service companies are scattered all over the country in large numbers and offer numerous products and services to people and as a result earn huge revenue throughout the year. While the insurance companies cover various sectors as life health, home and automobile, the financial service companies deal with providing loans and various schemes like retirement plan, pension plan, segregated bonds and many more.
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Large number of people work as agents and brokers of these companies and look after selling and marketing of their products and services. Some of the insurance firms and financial service companies in USA have even got operation outside the country. Marsh & McLennan, United States is one such insurance brokerage firm in USA that has got operation in many other parts of the world.
Marsh & McLennan, United States is one of the largest insurance brokerage and professional services firm in the country that earn revenue over $ 12 billion annually and is the employer of more than 57,000 people. Recently Marsh & McLennan, United States ranked as 207th largest corporation in the country and fifth largest company in the diversified financial industry of the country.
Marsh & McLennan, United States is serving the people for over a century. The company was formed as Burrows, Marsh & McLennan by Donald R. Mclennan and Henry W. Marsh in Chicago in the year 1905 and thus it became the largest insurance agency in the world. One year later the company was renamed as Marsh & McLennan, United States.
The main business of Marsh & McLennan, United States is to provide analysis, advice and transactional capabilities to clients, insurance services, investment management, tax consultancy and human resource services. Marsh & McLennan, United States has got four separate segments. The Risk and insurance segment provides risk management and insurance broking, insurance program management services for public entity, business, private clients and professional firms and re insurance broking. Risk consulting and technology division deal with risk consulting, intelligent, financial, security and technology services.
Consulting section provides retirement services, health care and group benefit programs, management consulting, human capital, consultancy for organizational changes and organizational design. Last but not the least is the investment management section that provides securities investment advisory and management services and administrative services for public limited companies.
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