| Description: |
Marsh Inc. is the world's leading risk and insurance services firm. Our mission is "To create and deliver risk solutions and services that make our clients more successful." Since our formation in 1871, we have grown into an enterprise with 410 owned-and-operated offices and 38,000 colleagues, who serve clients in more than 100 countries. Marsh's annual revenues are $6.9 billion. We serve clients in two principal categories:
Risk management, insurance-broking and program-management services are provided for businesses, public entities, professional-services organizations, private clients and associations under the Marsh name.
Reinsurance-broking, risk and financial modeling and associated advisory services are provided to insurance and reinsurance companies, principally under the Guy Carpenter name.
Marsh is compensated through fees and/or commissions for services provided to clients to identify, value, mitigate, transfer and administer their risks. In addition to this compensation and any wholesale brokerage commissions, Marsh has market services agreements ("MSAs") with most of its principal insurance markets through which it is compensated for services provided to the markets. These payments for services are based upon such factors as the overall volume, growth, and, in limited cases, profitability of the total premium placed with an insurer. Marsh provides additional information about its compensation practices at the request of a client.
Marsh Inc. is an operating unit of Marsh & McLennan Companies, Inc. (MMC), a global professional-services firm with more than 60,000 employees and annual revenues exceeding $11 billion.
MMC is also the parent company of:
Putnam Investments, one of the largest investment-management companies in the United States;
Mercer Inc., a major global provider of consulting services; and
MMC Capital, a global private-equity firm.
Those with substantial assets require what we term a 'Personal Risk Management' approach protecting their homes, automobiles, fine art, jewelry and collectibles. Through this Personal Risk Management process, I help my clients identify, evaluate and determine the best method to protect assets from the variety of risks that can lead to financial loss."
Plantation
Tradition
Rancho La Quinta
Bighorn
Reserve
Vintage
PGA West
|