Marsh & McLennan (MMC) News

Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan

Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc. and a $4.1 billion stake in oil company Chevron Corp. The investments were disclosed in a …

Marsh’s Klisura Is Moving to Guy Carpenter to Be President

Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president of Guy Carpenter, effective October 1, 2020. In this newly-created role, Klisura will be responsible for Guy Carpenter’s North America, …

Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways

Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser, Marsh McLennan Cos. CEO, told the roomful of innovators, …

MMC CEO Glaser Surveys Competitive Landscape in Wake of Consolidation

Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more important, according to Dan Glaser, MMC chief executive …