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Press Release

Marsh McLennan to Exit Russia Businesses

03/10/2022

NEW YORK, March 10, 2022 

Today, Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, announced it will exit all of its businesses in Russia.

Dan Glaser, President and CEO, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine.  Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action.  We intend to transfer ownership of our Russian businesses to local management who will operate independently in the Russian market.  This is not a decision that we have taken lightly, and we join all those calling for a swift and peaceful resolution to this deadly conflict.”

About Marsh

Marsh is the world’s leading insurance broker and risk advisor. With over 45,000 colleagues operating in 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue nearly $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit mmc.com, follow us on LinkedIn and Twitter or subscribe to BRINK.

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