Marsh & McLennan Companies will not sell any of its various businesses, the company announced after completing a strategic review of its options.
Michael G. Cherkasky, president and chief executive officer of Marsh & McLennan Companies, Inc., announced the decision not to sell or spin off any of its current units that include insurance broker Marsh, reinsurance intermediary Guy Carpenter, risk services firm Kroll, investment advisor Putnam Investments, Mercer Human Resource Consulting and Mercer Specialty Consulting.
Instead, Cherkasky said that the focus of MMC is to operate these businesses to provide superior service and advice to clients and to deliver value to its shareholders.
Was this article valuable?
Here are more articles you may enjoy.
Rhine River Shipping Stalls as Water Level Hits Record Low 
General Contractor Found Not Liable for Subcontractor Employee’s Injury 
11 New Firms Join Insurance Journal’s Top 100 Independent Agencies 
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida 
