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

PUBLIC · MRSHSep 30, 2024

Acquiring Company

Marsh & McLennan

Acquired Company

McGriff Seibels

New YorkBirminghamRisk 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.

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.

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Company Information

Company

Marsh & McLennan

Location

New York, New York, 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.

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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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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