Marsh McLennan completes acquisition of McGriff Insurance Services to enhance insurance capabilities
Acquiring Company
Marsh & McLennan
Acquired Company
McGriff Seibels
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.
Quick answer
Marsh & McLennan is acquiring McGriff Seibels, announced September 30, 2024. Marsh & McLennan is based in New York, New York, United States.
- How much did Marsh & McLennan pay for McGriff Seibels?
- The deal value was not disclosed.
- What does Marsh & McLennan do?
- Marsh & McLennan is a global professional services firm offering clients solutions in risk, strategy, and people.
- Where are Marsh & McLennan and McGriff Seibels based?
- Marsh & McLennan is based in New York, New York, United States. McGriff Seibels is based in Birmingham, Alabama, United States.
- Who are the decision-makers at Marsh & McLennan?
- Fundz holds 2 contacts at Marsh & McLennan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Risk Management and Insurance
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- Hub International Limited acquires ANCO Insurance Managers, Inc. to strengthen insurance solutions in Texas (November 11, 2024)
- Hub International expands agribusiness insurance and risk solutions with acquisition of Western Growers Insurance Services (November 4, 2024)
- EPIC completes acquisition of TDC Life, expanding life and executive benefits platform (October 1, 2024)
- NSM Insurance Group completes acquisition of InsurEvo Group (AllClear and InsureandGo) to expand travel insurance portfolio (August 16, 2024)
- SPG acquires the Assets of Total Benefit Solutions, LLC and Affiliates to Expand Health Insurance Capabilities (November 12, 2024)
- World Insurance Associates LLC acquires Skylands Insurance Group to expand insurance services (November 12, 2024)
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When Marsh & McLennan changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired McGriff Seibels?
McGriff Seibels was acquired by Marsh & McLennan, based in New York. The deal was reported on September 30, 2024. 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. Marsh & McLennan is publicly traded (MRSH).
When did Marsh & McLennan acquire McGriff Seibels?
Marsh & McLennan's acquisition of McGriff Seibels was reported on September 30, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does McGriff Seibels do?
McGriff Seibels is an insurance agency that formerly operated its headquarters in the Southside area of Birmingham. The firm provided various insurance solutions and services tailored to client needs. It is privately held, operating in Risk Management, and is based in Birmingham.
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