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Marsh Inc. · New York, NY United States

Company Description

1166 Avenue of the Americas
New York, NY
10036
United States (Map)
Phone: 212-345-6000
Fax: 212-345-4808
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    Marsh is the flagship operation of Marsh & McLennan Companies (MMC), one of the world's largest insurance brokerages. The company brokers insurance and provides risk-management and consulting services to corporate clients, government agencies, and other organizations. Marsh operates some 400 brokerage offices in more than 100 countries. Marsh also provides insurance program management and underwriting management, as well as support services including claims administration and technological support. MMC affiliate Guy Carpenter provides risk-management advice and services to reinsurance companies, and Kroll provides risk consulting and related services. To read the full description, subscribe now.
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    Key Marsh Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees38,000

    Marsh Inc. Executives

    43 executives listed for Marsh Inc.'s New York, NY location.
    TitleName & BioContact
    Chairman and CEODaniel GlaserNetwork
    Vice Chairman, Marsh Benefits BusinessSteven SchlossNetwork
    CFOMark McGivneyNetwork

    Competition

    Competitive Landscape for Marsh Inc.
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top Marsh Inc. Competitors
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