MARSH
- SOUTHAMPTON INTERNATIONAL BUSINESS PARK, GEORGE CURL WAY
SO18 2RZ SOUTHAMPTON, HAMPSHIRE
Phone: +44 (0) 2380 218 700
Fax: +44 (0) 2380 212 174
www.marsh.co.uk
Short profile:
We introduced the concept of the insurance broker acting as a buyer of insurance on behalf of clients, rather than as a seller of insurance. Today, we continue to add new value for clients through innovative insurance programmes and efficient placement processes. We pioneered the concept of self-insurance, with associated risk management actions to mitigate exposures.
In 2009, our Risk Consulting Practice in the UK was named as the best risk management service provider in the European Risk Management Awards. Under the name Marsh & McLennan Companies (MMC), Marsh has existed since 1871 and has been a pioneer in risk and insurance services for over 130 years.
Throughout, we have demonstrated our industry leadership in numerous ways.
Detailed description:
We are leaders today in evaluating catastrophe risk for clients and using the latest catastrophe modelling techniques. We arranged the first 'space-bound' life insurance coverage for Mercury astronauts. Currently, Marsh has the largest Aviation account world-wide. We introduced a suite of merger and acquisition solutions covering tax opinions, representations and warranties, and litigation buyouts to facilitate transactions and enhance their value. In 2005, our market-leading Private Equity and Mergers & Acquisitions (PEMA) Practice were advisers to over 400 deals in Europe. In the UK, Marsh has grown both organically and through strategic acquisitions that have strengthened our expertise and resources.
In 1980, Marsh acquired C.T. Bowring & Co in the UK. In 1997, we merged with Johnson & Higgins, further strengthening the Company's leadership in risk and insurance services. In 1998, we acquired the UK-based Sedgwick Group. In 2010, we acquired HSBC Insurance Brokers.
Marsh, the world’s leading insurance broker and risk adviser, has over 24, 000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a member of Marsh & McLennan Companies, a global professional services firm with over 50, 000 employees worldwide and annual revenue of $10 billion, which is also the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. We were the first broker to send risk experts to a catastrophe site - San Francisco in the aftermath of the earthquake.
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