Stock price Marsh & Mclennan Companies (MMC) today

Marsh & McLennan Companies, Inc. – A professional insurance broker that provides advice and solutions to clients in the areas of risk management. All corporation work is divided between the main operating companies: Marsh, Mercer, Oliver Wyman Group and Guy Carpenter. It was founded in 1905 as Burroughs, Marsh & McLennan and in 1906 it was renamed Marsh & McLennan. In 1962, the company conducted an IPO and in 1969 it was reorganized into a holding company, offering its services through acquired companies. In 1970, Putnam Investments was acquired and in 1997 they acquired by Johnson & Higgins for $ 1.8 billion. Over the next 10 years, Marsh & McLennan has been actively buying and selling subsidiaries. In 2017, the company occupied first place in the list of the largest brokers for Business Insurance. The total capitalization of Marsh & McLennan exceeds $ 7.44 billion.