Marsh & McLennan CompaniesNYSE: MMC

The acquisitions of AmeriStar Agency, Hudson Shore Group and Veritas Total Solutions are set to bolster Marsh & McLennan's (MMC) growth, expertise and competitive edge in diverse sectors.

HOUSTON , July 2, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced the completion of its acquisition of Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI. The combination of Oliver Wyman and Veritas will provide commodity trading businesses with an unparalleled level of trading optimization expertise.

AVON, Conn.--(BUSINESS WIRE)--Specialist managing general underwriter in the global energy transition, New Energy Risk (“NER”), a wholly owned division of Paragon Insurance Group, and leading insurer Westfield Syndicate have announced the launch of a new Lloyd's lineslip focused on providing technology performance insurance and other innovative insurance products to the energy transition space. With the additional capacity available under the lineslip, NER continues to expand its platform to ac.

David Jacob, CEO of the professional services firm, says the U.S.' use of tariffs as part of its trade policy arsenal is "part of the permacrisis that we live in."

Marsh & McLennan (MMC) is well-poised for growth on the back of rising demand for services, revenue growth and margin expansion outlook.

Marsh & McLennan's (MMC) sub-unit, Oliver Wyman, is set to acquire Veritas Total Solutions, enhancing its commodity trading advisory services.

HOUSTON , June 17, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), announced today that it has entered into an agreement to acquire Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI. The deal is slated to close in the third quarter of this year.

Marsh & McLennan delivered strong Q1 FY24 results, with 9% organic revenue growth and 14% adjusted EPS growth. The company's strategic focus on high-growth areas such as digital, climate resilience, sustainability, cyber, and affordable healthcare is driving its growth momentum. MMC is expected to continue benefiting from insurance premium growth and achieve strong margin expansion in FY24.

Marsh & McLennan (MMC) unit Marsh acquires FBBINSURANCE of Mississippi to further strengthen its risk management services suite and Southeast presence.