logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Marsh McLennan completes acquisition of McGriff Insurance Services to enhance insurance capabilities

Sep 30, 2024•about 1 year ago

Acquiring Company

Marsh & McLennan

Acquired Company

McGriff Seibels

United StatesUnited StatesRisk ManagementInsurance

Description

Marsh McLennan, a global leader in risk, strategy, and people, has announced the acquisition of McGriff Insurance Services, LLC, a leading provider of insurance broking and risk management services in the United States. This strategic acquisition will enhance Marsh McLennan’s capabilities across commercial property and casualty, employee benefits, management liability, and personal lines.

Company Information

Company

Marsh & McLennan

Location

United States

About

Marsh & McLennan is a global professional services firm offering clients solutions in risk, strategy, and people. The company operates through various segments, including insurance, consulting, and investment services. It is known for its comprehensive approach to solving complex business challenges. With a strong focus on innovation and growth, Marsh & McLennan serves a diverse client base worldwide.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed