Marsh & McLennan Expands Middle-Market Reach With McGriff Integration

Zacks11-18

Marsh & McLennan Companies, Inc. MMC recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, ...

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MMC recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/marsh-mclennan-expands-middle-market-150800716.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marsh & McLennan Expands Middle-Market Reach With McGriff Integration</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarsh & McLennan Expands Middle-Market Reach With McGriff Integration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-18 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/marsh-mclennan-expands-middle-market-150800716.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Marsh & McLennan Companies, Inc. MMC recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/marsh-mclennan-expands-middle-market-150800716.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0154245756.USD","symbol_name":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/marsh-mclennan-expands-middle-market-150800716.html","article_id":"2484608017","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/.3BoA0xChrZYiScr2QtaJg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f3d2947831bba7899ec6db9254021e24"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484608017","pubTimestamp":1731942480,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Marsh & McLennan Companies, Inc. MMC recently completed its acquisition of McGriff Insurance Services, integrating more than3,500 McGriff employees into its Marsh McLennan Agency  division, one of its higher growth areas. This move is expected to enhance MMA’s capabilities, particularly in the middle-market segment, and expand its reach.The acquisition will likely strengthen Marsh & McLennan’s risk management, insurance, and broking services while leveraging McGriff’s expertise and talent. It is expected to boost MMA’s capabilities in key areas, including commercial property and casualty, employee benefits, personal lines and management liability. It will also provide McGriff employees with access to MMC’s global resources and further solidify MMC’s position as a leader in the insurance and risk advisory sectors.The move will likely expand its client base, service offerings and cross-selling opportunities, triggering revenue growth. Notably, McGriff’s revenues for the trailing 12 month","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","BK4559":"巴菲特持仓","BK4588":"碎股","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","BK4173":"保险经纪商","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","ROOT":"Root, Inc.","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","BK4107":"财产与意外伤害保险","MMC":"威达信集团","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","AXS":"埃克斯资本","BK4585":"ETF&股票定投概念","BRO":"布朗保险经纪"},"translate_title":"Marsh&McLennan通过McGriff整合扩大中端市场覆盖范围","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ROOT":1,"MMC":1,"AXS":1,"BRO":0.9},"content_text":"Marsh & McLennan Companies, Inc. MMC recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, one of its higher growth areas. This move is expected to enhance MMA’s capabilities, particularly in the middle-market segment, and expand its reach.\nThe acquisition will likely strengthen Marsh & McLennan’s risk management, insurance, and broking services while leveraging McGriff’s expertise and talent. It is expected to boost MMA’s capabilities in key areas, including commercial property and casualty, employee benefits, personal lines and management liability. It will also provide McGriff employees with access to MMC’s global resources and further solidify MMC’s position as a leader in the insurance and risk advisory sectors.\nThe move will likely expand its client base, service offerings and cross-selling opportunities, triggering revenue growth. Notably, McGriff’s revenues for the trailing 12 months ended June 30, 2024, amounted to $1.3 billion. MMA accounts for almost half of the Marsh US/Canada unit.\nDuring September-end, MMC announced the agreement to acquire McGriff, an affiliate of TIH for $7.75 billion in cash. The transaction was completed ahead of the projected year-end timeline, showcasing efficiency in finalizing the agreement.\nAcquisitions are a key pillar of Marsh & McLennan's growth strategy. By acquiring businesses across its operational units, the company has successfully entered new regions, expanded its presence in existing markets, diversified into emerging industries and enhanced its specialization within core areas.\nMMC’s One-year Price Performance\nShares of Marsh & McLennan have gained 11.9% in the past year compared with the industry’s 24.7% growth.\nImage Source: Zacks Investment Research\nZacks Rank & Key Picks\nMMC currently has a Zacks Rank #3 (Hold).\nInvestors interested in the broader Finance space may look at some better-ranked players like Root, Inc. ROOT, AXIS Capital Holdings Limited AXS and Brown & Brown, Inc. BRO. While Root currently sports a Zacks Rank #1 (Strong Buy), AXIS Capital and Brown & Brown carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe consensus mark for ROOT’s current-year earnings indicates an 88.2% year-over-year improvement. It beat earnings estimates in each of the trailing four quarters, with an average surprise of 127.2%. Furthermore, the consensus estimate for Root’s 2024 revenues indicates 147.9% year-over-year growth.\nThe consensus mark for AXIS Capital’s current-year earnings indicates a 10.6% year-over-year growth. It beat earnings estimates in each of the trailing four quarters, with an average surprise of 90.3%. Furthermore, the consensus estimate for AXS’ 2024 revenues indicates a 7.4% year-over-year increase.\nThe Zacks Consensus Estimate for Brown & Brown’s current-year earnings is pegged at $3.73 per share, which indicates 32.7% year-over-year growth. It has witnessed four upward estimate revisions against none in the opposite direction in the past month. BRO beat earnings estimates in each of the past four quarters, with an average surprise of 6.9%.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAxis Capital Holdings Limited (AXS) : Free Stock Analysis Report\nMarsh & McLennan Companies, Inc. (MMC) : Free Stock Analysis Report\nBrown & Brown, Inc. (BRO) : Free Stock Analysis Report\nRoot, Inc. (ROOT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484608017"}