Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, protect against — and recover from — the ‘what ifs’ in life. In today’s increasingly uncertain global business environment, Marsh helps clients to survive and thrive.
We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.
Since 1871 clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 27,000 colleagues work on behalf of our clients, who span industries, enterprises of all sizes, and include individuals, multinational organizations, and government entities worldwide.
We are a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 57,000 colleagues worldwide and annual revenue exceeding $13 billion (as of Dec. 31, 2014), Marsh & McLennan Companies also include global leaders Guy Carpenter, Mercer, and Oliver Wyman.
For more than 140 years, Marsh has grown by helping our clients anticipate and meet the challenges of changing times and technologies. Henry W. Marsh and Donald R. McLennan founded the company to help businesses during the upheaval of the Industrial Revolution.
Marsh dropped out of Harvard to seek his future in Chicago. The Great Fire of 1871 had wiped out most insurers and Marsh saw opportunity for insurance brokers that could distribute great risks across many firms. Almost upon arrival, his ambitions were bigger than the new company he joined. Marsh wanted to open an office in New York. Then he set out to win U.S. Steel, the world's first billion-dollar corporation. Colorful, urbane, high living, and audacious, Marsh was the kind of man who would book a transatlantic passage so he could pitch AT&T's Theodore Vail aboard ship. On Vail's return voyage, there was Marsh again. He got the business.
McLennan of Duluth, Minnesota, became his family's sole support at age 14. In business life, his intense competitiveness took the form of thoroughness. McLennan was all diligence, researching insurance clients' operations until he knew as much as the owners. During 1901, while Marsh was pursuing U.S. Steel, McLennan was mastering the intricacies of railroads, winning one line after another. He spent weeks at a time inspecting every property along thousands of miles of road — a man who believed in research, and in seeing for himself.
When the two men merged their firms in 1904, the new company was the largest insurance agency in the world with annual premiums of US$3 billion — and it was only the beginning.
Our clients deserve our finest effort when they engage Marsh to obtain insurance coverage. A key component of this is the placement process — determining appropriate insurers for the types of risk involved and negotiating with those insurers on behalf of our clients to obtain optimal coverage at a competitive price.
Marsh is fully committed to the principle of transparency in our insurance transactions. As part of that commitment, we have created a Compensation Guide for US Clients — a publication that summarizes our key U.S. business segments, describes the types of compensation we might receive, and explores our continued commitment to transparency and managing conflicts of interest.
In addition, we have established a toll-free "Ethics & Compliance" line at 800-381-2105. Please use this number to submit any concerns or complaints you may have related to compensation paid or payable to Marsh by insurers or any other third parties.
Available here is information for clients and prospective clients regarding (1) equity interests of Marsh & McLennan Companies, Inc. and its subsidiaries in insurers and (2) contractual arrangements between Marsh & McLennan Companies, Inc. and its subsidiaries, on the one hand, and insurers and wholesalers, on the other.
Statement Regarding Altering Compensation
Marsh is prohibited by law in most states from altering the amount of compensation received from the insurer based in whole or in part on the sale of this insurance.*
*This disclosure is mandated by New York State Insurance Department Regulation No. 194 (11 NYCRR 30) §30.3(5). We interpret this provision to refer to the various anti-rebating insurance laws throughout the country, such as New York Insurance Law §2324 which prohibits insurance companies, agents and brokers from sharing or rebating commissions as an inducement to making an insurance contract. Marsh makes the above statement based on that interpretation.
The Foreign Account Tax Compliance Act (FATCA)
The Foreign Account Tax Compliance Act (FATCA) is a US regulation with global implications for Marsh and Marsh’s clients.
To support our clients and other parties that make in-scope premium payments to Marsh, we are making the W-8IMY and W-9 forms of many of our companies available to download at this link.
If we revise any form due to a change in circumstances, the revised form will be uploaded within 30 days of the change. You are encouraged to check this site prior to remitting in-scope FATCA payments to us to ensure you have the most current form available.
Please direct questions and requests for forms not included in this site to firstname.lastname@example.org.
Use of Client Information
Data Analytics. Marsh may include, on an anonymous basis, information relating to its clients’ insurance programs in benchmarking, modeling and other analytics. Marsh offers an array of analytics capabilities to clients, insurers and others. For clients, these offerings include benchmarking databases, analytics and modeling tools, surveys and other compilations of information, which are designed to help clients more effectively assess their risks, make more informed decisions and construct insurance programs and other risk mitigation strategies. Marsh or its affiliates may in some instances receive compensation for its analytics offerings from clients, insurers and others. For more information about Marsh’s analytics capabilities and services, review information within Services - Analytics.
MarketConnect. MarketConnect is Marsh’s industry leading proprietary technology suite that allows Marsh to assist insurers in their efforts to improve their performance and create superior solutions for our clients. Within MarketConnect, Market Match is a proactive tool that allows insurers to identify business opportunities in advance of renewals, enabling them to be considered for risks for which they historically had not been considered. In MarketMatch, client names and certain other information are provided to insurers when viewing upcoming renewals that meet their stated risk appetite. MarketConnect is part of Marsh’s insurer consulting offering for which Marsh receives compensation from insurers.