Company Profile
Marsh & McLennan Companies
Company Overview
Marsh and McLennan Companies is the premier global professional services firm, providing advice and solutions in the areas of risk, strategy and human capital. Through our market leading brands, and approximately 50,000 colleagues in more than 100 countries, Marsh & McLennan Companies helps clients identify, plan for and respond to critical business issues and risks.
Company History
Marsh & McLennan Companies' history dates back to 1871. Marsh, our risk and insurance services subsidiary, has a long and distinguished history as the world's leading insurance broker and risk management advisor. In 1923 we made our first major business extension – into reinsurance broking – with the acquisition of the newly formed Guy Carpenter & Company.
In 1959 we expanded our presence in human resource consulting with the acquisition of Canadian benefits consultant William M. Mercer Limited. That company is known today as Mercer, and is a global leader for HR and related financial advice, products, and services.
Marsh & McLennan Companies entered the business of investment management in 1970 through the acquisition of Putnam Investments. Founded in 1937, Putnam has grown into one of the largest mutual fund companies in the United States.
In the 1980s, we began to expand into specialty consulting. Today, our subsidiary the Oliver Wyman Group delivers advisory services to clients via three operating units: management consulting through Oliver Wyman, corporate branding and identity consulting through Lippincott, and economic analysis and advice through NERA Economic Consulting.
Notable Products / Brands
Guy Carpenter, Marsh, Mercer, Oliver Wyman Group
Notable Accomplishments / Recognition
For the second consecutive year, Marsh & McLennan Companies earned a 100% rating in the Human Rights Campaign's (HRC) Corporate Equality Index, its annual report card that rates employers on their treatment of gay, lesbian, bisexual and transgender employees, consumers and investors. The HRC is America's largest organization working to achieve lesbian, gay, bisexual and transgender equality.
Benefits
Marsh & McLennan Companies and its Operating Companies offer a competitive benefits package including healthcare, insurance, investment and retirement plans in addition to a wide selection of employee programs such as education, legal, identity theft and employee assistance for eligible employees.
Benefits and programs include but are not limited to:
*Healthcare
Medical Plans
Dental Plan
Prescription Drug
Vision Plans
*Spending Account Plans
Insurance
Life Insurance Plans
Long Term Care Plan
Business Travel Accident Plan
Personal Accident Plan
Umbrella Liability Plan
Disability Plans
*Investment and Retirement
The Stock Purchase Plan
The 401(k) Savings & Investment Plan
Marsh & McLennan Companies Supplemental Savings & Investment Plan
Mercer HR Services Retirement Plan, for eligible employees
The Marsh & McLennan Companies Retirement Plan, for eligible employees
*Employee Programs
Education Programs
Tuition Assistance Program
Scholarship Program
*Other Insurances
Choice Auto and Home Insurance Program
Pet Insurance Plan
Legal Assistance Plan
Identity Theft Plan
*Additional Benefits
Employee Assistance Program (EAP)
Family Resource Program
Matching Gifts Program
Transportation Reimbursement Incentive Program (TRIP)
Disclaimer: This Summary is intended only to provide you with highlights of certain plans and programs, which are subject to amendment or termination in future. In the event of an error in this or any other communication, your rights will always be determined under the provisions of the applicable Plan document (and the Plan's administrative rules).