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 leader in professional services specializing in risk management, insurance brokerage, and strategic consulting. This dedicated news hub provides investors and industry professionals with verified updates directly from the company and authoritative third-party analysis.
Access comprehensive collection of earnings reports, strategic initiatives, and leadership updates alongside expert commentary on MMC's market position. Our curated feed simplifies tracking regulatory developments and industry trends impacting this Fortune 500 firm.
Key coverage areas: quarterly financial disclosures, mergers & acquisitions activity, corporate governance changes, and recognition within insurance/consulting sectors. All content undergoes strict verification to ensure compliance with financial reporting standards.
Bookmark this page for real-time updates on MMC's global operations across 130+ countries. Monitor critical developments in risk solutions through Marsh, reinsurance advisory via Guy Carpenter, and consulting services from Mercer/Oliver Wyman through one centralized source.
Marsh McLennan (NYSE: MMC) will announce its fourth quarter financial results on
Salary.com announced a reseller agreement with Mercer, enhancing its compensation data offerings amidst a challenging labor market. This partnership enables Salary.com to provide its 8,000+ software subscribers access to over 90 Mercer surveys across various industries. Customers can now utilize Mercer data alongside Salary.com's existing compensation solutions to streamline survey management and analysis. Salary.com serves over 30,000 organizations globally, emphasizing the importance of accurate compensation data for attracting and retaining talent.
Marsh McLennan Agency (MMA) has acquired McDonald Zaring Insurance (MZI), expanding its operations in Walla Walla, Washington. Founded in 1932, MZI serves a diverse clientele, including agri-business and health clinics. All 19 employees from MZI will join MMA, establishing a new office in the region. MMA's CEO for the Northwest region highlighted the alignment of MZI's client-focused approach with MMA's values, while MZI's leadership expressed excitement over enhanced resources and development opportunities for employees.
Risk Management Association and Oliver Wyman report highlights increasing pressures on Chief Risk Officers (CROs) as they prepare for 2023. Key challenges identified include a looming recession, heightened consumer compliance, and cyber risks. The survey involved over 40 North American bank CROs managing assets from $25 billion to over $1 trillion. Main priorities for CROs include recession readiness (52%) and consumer compliance (48%). A significant 80% of CROs expect competition for deposits to intensify, raising concerns about funding and liquidity risks.
Lattice has launched a new product, Lattice Compensation, integrating Mercer Compensation Benchmark data to help companies make equitable pay decisions. This collaboration aims to simplify the compensation process for HR teams, offering global data tailored to company size, industry, and job titles. Driven by employee demand for transparency, Lattice's research shows 65% of employees desire clearer pay practices. Mercer’s data is available at no extra charge for current users, reflecting the importance of data-informed strategies in a changing labor market.
Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), announced a record number of 78 new Partners and Executive Directors for 2023, marking the largest promotion class in its history. The promotions take effect on January 1, 2023. CEO Nick Studer highlighted the extraordinary contributions of these leaders, emphasizing the firm's culture of depth, creativity, and collaboration. Oliver Wyman operates globally with over 6,000 professionals in more than 70 cities, focusing on management consulting across various sectors.
Marsh McLennan Agency (MMA) has announced the acquisition of Bradley Insurance Agency, a prominent commercial insurance broker in Knoxville, Tennessee. While specific terms of the acquisition were not disclosed, this strategic move aims to enhance MMA's presence and insurance expertise in the Southeast region. Founded in 1972, Bradley Insurance has a longstanding reputation for serving various industries. All employees, including the leadership team, will join MMA, indicating a commitment to local businesses and an expansion of service capabilities.